Depois, ao final do dia li "Death and transfiguration":More Mongo RT @nntaleb: The good news with VW is that those suckers who still trusted corporations will be more skeptical.— Carlos P da Cruz (@ccz1) September 23, 2015
"Today’s corporate empires comprehend every corner of the earth. They battle their rivals with legions of highly trained managers. They keep local politicians in line with a promise of an investment here or a job as a consultant there.Conseguem recordar e juntar as peças do mosaico que temos trazido para aqui ao longo dos tempos?
Corporate profits more than tripled in 1980-2013, rising from 7.6% of global GDP to 10%, of which Western companies captured more than two-thirds. The after-tax profits of American firms are at their highest level as a share of national income since 1929.
The golden age of the Western corporation, they argue, was the product of two benign developments: the globalisation of markets and, as a result, the reduction of costs.
Now a more difficult era is beginning. More than twice as many multinationals are operating today as in 1990, making for more competition. Margins are being squeezed and the volatility of profits is growing. The average variance in returns to capital for North American firms is more than 60% higher today than it was in 1965-1980. MGI predicts that corporate profits may fall from 10% of global GDP to about 8% in a decade’s time.
Two things in particular are shaking up the comfortable world of the old imperial multinationals. The first is the rise of emerging-market competitors.
The second factor is the rise of high-tech companies in both the West and the East. These firms have acquired large numbers of customers in the blink of an eye.[Moi ici: O tal poder das plataformas da primeira geração]
Such firms can also provide smaller companies with a low-cost launching pad that allows them to compete in the global market.
The relative decline of the Western corporation could also lead to a rethinking of some of the long-standing assumptions about what makes for a successful business. Public companies may lose ground to other types of firm"
- Mongo, o Estranhistão e as suas tribos apaixonadas;
- Clientes que não querem ser tratados como plankton;
- Fugir da miudagem e dos fantasmas estatísticos;
- O fim do eficientismo e de Magnitograd;
- O poder das plataformas e como mudam a fricção que Coase identificou como sendo a base para a justificação da empresa do século XX;
- Os rouxinóis de MacArthur;
O Estranhistão vai ser um local muito mais colorido do que o Normalistão.