Took a long arduous trip for a closure in a negotiation, and to endorse the same

Every generation needs a revolution - an entrepreneurial revolution

This post left early morning yesterday to go on a long rip to a tourist town in Region 1 for closure.   Our group was unceremoniously dumped by a pair of relatives who owned a 5 hectare for a possible memorial park.  

They did not agree to our proposed sharing and curtly categorically said in messenger that they did not want the deal, and secondly, gave  us a deadline on a govt permit that was taking time with an ultimatum of "forgetting it"  

I went to the place, met with one of the relatives who works for a a BPO in MM.  I said we, our group

company business is exiting for personal reasons because of what we all ready know as bad communications regarding the deal and endorsing this with a new group who can take over

The replacement was again shown the land, the right of way, and the three memorial parks and 1 public cemetery

Unusual design of gate and fence of a memorial park

Every generation needs a revolution - an entrepreneurial revolution

On the way to a tourist town, we saw in Sta Ignacia an unusual desgin of a memorial park with  slats of horizonal  flatbar, skylights to an overhead acrylic roof, plenty of solo shrubs of different color and fences with unusual graphic lines and shapes:    black white, brown, grey.

It will surely attract attention.    Answers one of the criteria of  good business -  being unusual and extra ordinary.  

What happened to GE, formerly one of top companies in US, what Jack Welch has wrought?

Every generation needs a revolution - an entrepreneurial revolution

GE used to be darling of Wall St.   It was tops of the top 20 companies 20 years ago.

What caused its decline:

1.  Investing too much in non core business:   lending, health care.  The GE capital was badly hurt by 2008 crisis.   They had to be bailed out to the tune of $100 billion   It stood against the management principle of focus, on core business.  What was GEs core business:    Jet Engines, power generation.   They could have been growth more.  The acquistions distracted them from core businesses

2.  They engaged in too much acquisition .  However they financed this by cutting off employee payroll.

They destroyed their human capital.  The staff worried too much in being laid off.

Jack Welch was an idol before in management.  It seems it was a misplaced adulation.