President’s Message – It’s a Matter of Time
Last month I was contemplating the effect of personal tech devices on us and wondering if the way folks live with their smart phones is as wrong as it feels to me or if it's really a revolution or perhaps an evolution? Since then, I came across this paragraph in The Fish That Ate the Whale: The Life and Times of America’s Banana King by Rich Cohen and it wrapped around my business strategy thinking like a big octopus. I wonder what your reaction to these words are.
“A corporation is a product of a particular place and a particular time. U.S. Steel was Pennsylvania in the 1890’s. Microsoft was Seattle in the 1980’s. It’s where and when their sense of the world was fixed. The company brain is hardwired. Which is why a corporation, though conceivably immortal, tends to have a life span, tends to age and die. Unless remade by a new generation of pioneers - in which case it’s a different company - most corporations do not outlive the era of their first success. When the ideas and assumptions prevalent at the time of their founding go out of fashion, the company fades.”
If you want to go fast, go alone. If you want to go far, go together. EFBC.