Reading Time: 2 minutes Bill Gates, the founder of Microsoft, the richest man on the earth (12 years in a row), announced his semi-retirement from his Microsoft day to day operations job last week. As we know Bill Gates is the icon of technology industry in last 20+ years, I think his quits at this time is very interesting.
Reading Time: 2 minutes Google is making buzz again this week, with its spreadsheet. I don’t want to talk too much about it because they already got plenty of media coverage. What impressed me most is not the technology itself, but its marketing tactic. Google says it’s only open to limited beta testers, and here is the link .
Reading Time: 2 minutes One big news in the business world last week: Microsoft missed its earning estimate for this quarter and guided down its earnings for next quarter and next year. It caused the Microsoft stock (MSFT) to drop more than 10% on Friday. It was the largest drop in one trading day in 5 years. I did
Reading Time: < 1 minute What’s the common characters among book, coffee and music? Besides you can have them all in Borders or Barnes&Nobles. They all can fill your soul. One would wonder while that’s true for book and music, how can the coffee fill our souls? Well, that’s what I heard from Howard Schultz on today’s “60 minutes”. Mr.
Reading Time: 2 minutes MBA is a hot topic for many overseas Chinese students and professionals: for the money or the dream. I have thought about doing this from time to time, but I am still at ground zero due to reasons such as: lack of the money and time; not sure about the purpose of the MBA; don’t
Reading Time: < 1 minute Went to the Business School at Washington U. this afternoon, to listen Jack Welch’s talk about “Leadership”. I read his two books, and have some idea of the topic. Some of the take aways from his talk: 1) Work with tough minded (rather than nice) and fair people, so that you will get rigorous training
Reading Time: 2 minutes There is a little piece of news in the software industry caught my attention this week. Red Hat, one of the biggest open source solution provider decided to buy JBoss, a not so well known open source middleware (application server) softare developer, for USD 350 million. I read an article on Business week about JBoss’s
Reading Time: 2 minutes Trader Joe’s is a small grocery store which provides “high quality foods and beverages at honest low prices”. The quoted word is taken from its paper shopping bag (unlike Aldi, its bag is free). Recently Trader Joe’s is growing very fast and I remember reading a magazine article talking about business model and growth. Seeing
Reading Time: < 1 minute From mitbbs ================================================ 出租司机给我上的MBA课 我要从徐家汇赶去机场，于是匆匆结束了一个会议，在美罗大厦前搜索出租车。一辆 大众发现了我，非常专业的、径直的停在我的面前。这一停，于是有了后面的这个让 我深感震撼的故事，象上了一堂生动的MBA案例课。为了忠实于这名出租车司机的原 意，我凭记忆尽量重复他原来的话。 “去哪里……好的，机场。我在徐家汇就喜欢做美罗大厦的生意。这里我只做两个地 方。 美罗大厦，均瑶大厦。你知道吗？接到你之前，我在美罗大厦门口兜了两圈，终于 被 我看到你了！从写字楼里出来的，肯定去的不近~~~” “哦？你很有方法嘛！”我附和了一下。 “做出租车司机，也要用科学的方法。”他说。我一愣，顿时很有些兴趣“什么科学的 方法？” “要懂得统计。我做过精确的计算。我说给你听啊。我每天开17个小时的车，每小时成 本34.5元……” “怎么算出来的？”我追问。
Reading Time: 1 minute In the stock market there is a thing called “earning”, basically it’s how much money a company made for each share of the stock. The higher the earning, the better for share holders (company owners). But the stock price does not necessarily hold a linear relationship with the earning. Why? Because there is another thing
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