[PLUG-TALK] Sears doomed

Rich Shepard rshepard at appl-ecosys.com
Sat Jun 2 15:24:25 PDT 2018


On Sat, 2 Jun 2018, Ronald Chmara wrote:

> Amazon famously (perhaps infamously) "lost" money for decades (it's a 24
> year "overnight success"), because their company was about growth first,
> and profit second.

   ...

> Companies that do take risks either because they *have* to, or have
> nothing to lose, manage to survive, or thrive (or die in utter messes),
> based on their risks.

   Very well put. It's the same with professional service firms: if we don't
re-invent ourselves as client needs change we sink into potential petroleum
sources.

Rich


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