Norm Peterson
corner barstool sitter
So we're going (or have already gone) from expanding/diversifying to contracting/specializing, with too much input from the business-educated side and not enough from 'product' happening in both cases?Yes, but from a financial point of view if you cant meet expected IRR, that capital investment can be better utilized elsewhere. However, there is a body of evidence that many companies set EIRR too high leaving worthy projects unfunded.
I wonder if the Mustang would have happened at all if the corporate mindset back in the late 1950's and early 1960's was what it seems to be today.
Norm
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