AboutBill Waddell, Author at Affluent Christian Investor
Managers Who Know the Numbers, But Not the Product, Don’t Know Anything
So things aren’t working out so well for vaunted 3G Capital – the darling of the investment world who bought Budweiser, Heinz, Burger King and more and went through them with loads of largely insignificant cost reduction edicts. Demanding that … Read More
Look for Your Answers at the Coal Face Not the Back Office
Every now and then I come across something that causes me to stop and think, “Wow! This sure brought things into focus.” The Costs of Accountability – an article in The American Interest by an academic by the name … Read More
Get Efficient at Managing People, or You’ll Have to Get Efficient at Laying People Off
The degree to which ‘professional management’ – the three-headed monster of the publicly traded companies, elite academia, and Wall Street — has dehumanized business is appalling; and the cavalier manner in which they go about it should cause good people … Read More
Recipe for Business Disaster: Rely On Formulas From Managers Far From the Frontlines
It seems as though the opposite should be true but the fact is that more often than not the simple solution requires in depth knowledge and a lot of hard work, while complexity is the child of laziness and … Read More