For a businessman, @realDonaldTrump doesn't seem to get the theory of creative destruction - which $GM is exemplifying with its plant closures. Companies must always look to the future, anticipate where the market is headed and position itself accordingly /1
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It's politically not possible, but from a business perspective, Trump should encourage innovation and risk-taking; perhaps he should read up on GM's Alfred Sloan? And perhaps Ford (which is getting into the scooter business) should play it safe and stick with the Model T?
It's politically not possible, but from a business perspective, Trump should encourage innovation and risk-taking; perhaps he should read up on GM's Alfred Sloan? And perhaps Ford (which is getting into the scooter business) should play it safe and stick with the Model T?
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@RealDOnaldTrump's seeming aversion to innovation and risk-taking (i.e. $GM) perhaps helps explain his seeming preference for the America of yesteryear: coal - for example - and his scoffing at things like solar power. The horse and buggy industry must be saved
@RealDOnaldTrump's seeming aversion to innovation and risk-taking (i.e. $GM) perhaps helps explain his seeming preference for the America of yesteryear: coal - for example - and his scoffing at things like solar power. The horse and buggy industry must be saved
