Its unbelievable how business (school) buzzwords and tactics tend to overlook the most important aspects of a particular industry / problem / scenario that are non-financial in nature. There is an important strategic perspective(s) which cannot be accounted for in IRR, RONA or any of the other hundred such terms. Loved the quote from the founder of TSMC.
It is also surprising to see that most Asian conglomerates ( in India, Japan, Korea, Taiwan, China etc.) seem to have strong vertically integrated businesses where are they continuing to build and expand expertise in the core areas, while letting the west become their marketing managers.
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Its unbelievable how business (school) buzzwords and tactics tend to overlook the most important aspects of a particular industry / problem / scenario that are non-financial in nature. There is an important strategic perspective(s) which cannot be accounted for in IRR, RONA or any of the other hundred such terms. Loved the quote from the founder of TSMC.
It is also surprising to see that most Asian conglomerates ( in India, Japan, Korea, Taiwan, China etc.) seem to have strong vertically integrated businesses where are they continuing to build and expand expertise in the core areas, while letting the west become their marketing managers.