Well, this post is not that strategic. It is more an example that life still writes the prime stories. If I would try to name it as a strategic issue I would argue that card counting (changes in the environment) in blackjack (the product) shifted the probability to win (financial objective) from a casino to […]

Since many, many years an amazing number of articles, books and studies discuss CRM systems and their importance or effects on corporate success. Furthermore companies did spent large amounts of capital for implementation, training and very often for consulting when introducing CRM systems. But sometimes the best CRM system is a very good value for […]

The international financial crisis claimed another victim among German banks this week. It was the specialised mortgage and public sector lender Duesseldorfer Hypothekenbank (Duess Hyp). “The small German bank’s owners have temporarily transferred ownership to the BdB’s depositor guarantee fund, after which it will be sold to a third party.”  The bank is fairly small […]

We are back from our “annual”one week holiday trip to Mallorca (compare this old post from 2007). For a very specific reason we decided to travel a month earlier this year; we going to post this reason somewhen in summer. April is a good time for visiting this beautiful island, too. Compared to May the […]

I know, the headline of this post doesn’t sound very topical. Don’t worry, this will not become a review of a not-so-new management book. However, exactly that is what I found on the website of Financial Times Deutschland last Friday. There is an article with the headline roughly translated as “Why should competition bother me”. […]