5 Brilliant Strategies Jeff Bezos Used To Build The Amazon Empire

5 Brilliant Strategies Jeff Bezos Used To Build The Amazon Empire

DRAKE BAER STRATEGY  MAR. 18, 2014, 1:14 AM

The Gazelle Project. That’s what Amazon called its initiative to cajole book publishers into giving them better deals. According to The New Yorker, CEO Jeff Bezos said “that Amazon should approach these small publishers the way a cheetah would pursue a sickly gazelle.”  Read more of this post

China’s model village Huaxicun in Jiangsu province wobbles through economic transition

China’s model village wobbles through economic transition

Staff Reporter

2014-03-17

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An aerial view of the Huaxi, Oct. 2011. (Photo/Xinhua)

The village of Huaxi in eastern China’s Jiangsu province is losing its luster as the hallmark of the country’s rural economy. Huaxicun Co, a listed firm which runs Huaxi’s commercial operations, has announced pay cuts of up to 15% for its management, including directors, supervisors, and high-level managers, with the exception of independent directors, according to Shanghai’s China Business News. Read more of this post

China’s $1.5-trillion in corporate debt, making up around a quarter of China’s $6-trillion shadow finance sector, is yet another shadow-banking time bomb

China’s $1.5-trillion in corporate debt is yet another shadow-banking time bomb

By Gwynn Guilford @sinoceros March 17, 2014

When it comes to supervising risk, China’s four corporate bond market regulators have been snoozing. Reuters

It’s tough to figure out where China’s next debt panic will come from these days. Just as trust products had surpassed local government-financing vehicles as the frontrunner, a series of events—including a default and a trading suspension—in the last two weeks have pushed corporate bonds to the fore. Read more of this post

Who will succeed Terry Gou? Foxconn set up a think tank to mull it over

Who will succeed Terry Gou? Foxconn set up a think tank to mull it over

By Lily Kuo @lilkuo 5 hours ago

Foxconn is planning to replace many of its workers with a million robots over the next three years, but replacing chairman and CEO Terry Gou will require a bit more thought. So the world’s largest electronics manufacturer has taken the rather elaborate step of founding a think tank to find Gou’s successor, according to the Taiwanese newspaper Economic Daily News, as reported by Reuters. Read more of this post

From go to grow: using ‘agile’ management to grow your business

From go to grow: using ‘agile’ management to grow your business

Published 17 March 2014 14:49, Updated 17 March 2014 16:56

Andy Sheats

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Health.com.au co-founder Andy Sheats says his organisation uses Agile to drive its whole business, even areas that have nothing to do with technology.

Agile is a management approach that uses short, iterative cycles and direct customer feedback to incrementally develop and improve your product or business. Read more of this post

Lessons from Nortel: Acquisitions spree, bad management calls led to tech giant’s fall, study says

Lessons from Nortel: Acquisitions spree, bad management calls led to tech giant’s fall, study says

Jim Bagnall, Postmedia News | March 17, 2014 | Last Updated: Mar 17 5:39 PM ET
OTTAWA — In the five years since Nortel went bankrupt, many possible explanations have been suggested for its demise. Poor strategy, weak finances, low-cost competition from China, a misguided board of directors, hubris, the federal government’s refusal to backstop it during the recession, you name it. Read more of this post

Amazon’s Set Top Box Will Be A Dongle Like Chromecast, Could Feature OnLive-Style Streaming

Amazon’s Set Top Box Will Be A Dongle Like Chromecast, Could Feature OnLive-Style Streaming

Posted 15 hours ago by Darrell Etherington (@drizzled)

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Amazon is readying a game console/set top box of its own, and we’ve learned from multiple sources familiar with the device that the Lab126-produced gadget will have a form factor similar to the Chromecast, or in other words it’ll be a stick or dongle as opposed to something like the Apple TV. In addition, one source claims it should have support for streaming full PC game titles, and as such might be able to compete with consoles including the Xbox and PlayStation, instead of just Android-powered living room game devices. Read more of this post

Inditex Group (Zara) quietly grooms cut-price brand for budget battle

Inditex quietly grooms cut-price brand for budget battle

2:18am EDT

By Sarah Morris

ARROYOMOLINOS, Spain (Reuters) – At the Xanadu shopping mall in Madrid’s suburbs, the indoor ski slope is busy with children but the designer stores are quiet. In this former mecca for high spenders, discount shop ‘Lefties’ looks like just another post-recession pop-up budget brand. Read more of this post

Goguryeo, which defeated the large armies of China’s Sui and Tang dynasties, had stronger military power than Silla. Baekje had stronger military power than that of Silla. How was it possible for Silla to unify the three kingdoms?

A matter of will

What’s more desperately needed is the will of the South and North Korean people for unification.

*The author is a partner at Hwang Mok Park, PC, and former head of the Seoul Central District Court.
By Lee Woo-keun

JoongAng Ilbo, March 17, Page 31

Goguryeo, which defeated the large armies of China’s Sui and Tang dynasties one after another, had stronger military power than Silla. Baekje, with its extensive farming lands, had stronger military power than that of Silla. How was it possible for Silla to unify the three kingdoms? Read more of this post

NPS emerges as major shareholder for Samsung; The National Pension Service (NPS) owns over 5% of shares in more than half of 55 firms among South Korean top 10 conglomerates’ affiliates

NPS emerges as major shareholder for Samsung

2014.03.18 15:20:08

The National Pension Service (NPS) owns over five percent of shares in more than half of 55 firms among South Korean top 10 conglomerates’ affiliates.  Read more of this post

Investors remain bullish over Line IPO, while doubting over Kakao’s profit model

2014-03-17 16:09

SNS services seeking growth drivers

Investors remain bullish over Line IPO, while doubting over Kakao’s profit model
By Kim Yoo-chul

The nation’s top two free mobile messaging app services ― Line by Naver and KakaoTalk by Kakao ― have reached the point where they will decide whether or not to expand territories. Read more of this post

Korea’s Fair Trade Commission (FTC) rejected the takeover of a local glass lens company by Essilor which has a 47% global market share. This is the first rejection of a corporate takeover since 2009

2014-03-17 18:06

Essilor’s bid to buy lens firm rejected

By Yoon Ja-young
SEJONG CITY ― The Fair Trade Commission (FTC) rejected the takeover of a local glass lens company by Essilor Amera Investment, the biggest player in the global market. This is the first rejection of a corporate takeover since 2009. Read more of this post

Korean online stores brace for Amazon’s arrival

2014-03-17 16:58

Online stores brace for Amazon’s arrival

By Park Ji-won
The nation’s major online stores are diversifying their stock and offering a host of promotional events to strengthen their customer base ahead of the arrival of the world’s largest online retailer, Amazon. Read more of this post

The Dark Side of Online Discounts; Companies can profit handsomely from online daily discounts but intermediaries often have conflicting objectives that need to be managed

The Dark Side of Online Discounts

by Karan Girotra | Mar 14, 2014

Companies can profit handsomely from online daily discounts but intermediaries often have conflicting objectives that need to be managed

It’s an age-old problem for many retailers, from movie houses to circuses – how to make a profit in off-peak periods. A restaurant that turns away customers on Saturday night but loses money during lunch on Monday. The opera house hosting a big-name orchestra and superstar diva for a limited engagement, faced with a half-filled house on Tuesday night. The beachfront resort perennially hard up for bookings in early spring or late fall.  Read more of this post

Leadership isn’t an individual act; it’s an ensemble performance

Leadership isn’t an individual act; it’s an ensemble performance

Leaders can only participate if others are being led, so why do most business schools cling to notions of individualism?

Christopher Mowles

Guardian Professional, Monday 17 March 2014 17.08 GMT

Leadership arises in an ensemble performance, writes Christopher Mowles, leaders can only lead in participation with others being led. Photograph: Shamukov Ruslan/ Shamukov Ruslan/ITAR-TASS Photo/Corbis Read more of this post

Brothers Prahlad Rai and Kunj Bihari Agarwala have constantly moved with the times to make Rupa Garments a leading player in the country’s innerwear business

Rupa Garments: The Inside Story

by Samuel Kim | Mar 18, 2014

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Prahlad Rai Agarwala (right), Kunj Bihari Agarwala

Brothers Prahlad Rai and Kunj Bihari Agarwala have constantly moved with the times to make Rupa a leading player in the country’s innerwear business Read more of this post

Diageo takes on Jack Daniel’s in row over how whiskey can be made; Diageo wants distilleries to be allowed to make Tennessee whiskey in reusable barrels, much to the horror of Jack Daniel’s maker Brown-Forman

Diageo takes on Jack Daniel’s in row over how whiskey can be made

Diageo wants distilleries to be allowed to make Tennessee whiskey in reusable barrels, much to the horror of Jack Daniel’s maker Brown-Forman

Jack Daniel’s stores its whiskey in new barrels made at a Brown-Forman plant Photo: Alamy

By Agencies

7:53PM GMT 17 Mar 2014

If it isn’t fermented in Tennessee from of at least 51pc corn, aged in new charred oak barrels, filtered through maple charcoal and bottled at a minimum of 80 proof, it isn’t Tennessee whiskey. So says a year-old law that resembles almost to the letter the process used to make Jack Daniel’s, the world’s best-known Tennessee whiskey. Read more of this post

Jack Ma founded Alibaba in his one-room apartment in Hangzhou ; Alibaba, whose profits have surged to almost $3bn, looks like the holy grail of the technology market

Alibaba is a rare thing – a tech company worth its valuation

Alibaba, whose profits have surged to almost $3bn, looks like the holy grail of the technology market

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Jack Ma founded Alibaba in his one-room apartment in Hangzhou

By Katherine Rushton

8:47PM GMT 17 Mar 2014

In the sunny sprawl of Silicon Valley, tales of billion dollar companies are familiar. Read more of this post

Looming property default in China raises fears of broader crisis; Nomura said the number of ghost towns has spread beyond the well-known disaster stories of Ordos and Wenzhou to at least eight other sites

Looming property default in China raises fears of broader crisis

Nomura said the number of ghost towns has spread beyond the well-known disaster stories of Ordos and Wenzhou to at least eight other sites

By Ambrose Evans-Pritchard

6:51PM GMT 17 Mar 2014

China faces the biggest property default on record as credit curbs threaten to break the housing boom, leaving a string of “ghost towns” across the country. Read more of this post

Newhaven firm aims to become ‘iTunes of art’: East Sussex-based online store EasyArt is licensed to sell more than 60,000 images from 1,500 artists

EasyArt picture store sets forth from Newhaven to revolutionise access to art

Chairman of site with licence to sell more than 60,000 images from 1,500 artists says the goal is to become ‘the iTunes of art’

Sarah Butler

The Guardian, Monday 17 March 2014 19.58 GMT

Newhaven may not be seen as the centre of the art world, but the East Sussex town is home to a British business that is hoping to harness the cultural credentials of the Tate galleries to the pop sensibility of 1980s poster shop Athena, powered by technology developed for the Red Bull Formula 1 team. Read more of this post

Can Design Save Silicon Valley?

Can Design Save Silicon Valley?

by Jules Pieri  |   12:00 PM March 17, 2014

The tech titans of Silicon Valley are actively circling the strategic value of design. I didn’t take their interest seriously until I saw the news in December that John Maeda, the former President of the Rhode Island School of Design, joined venerable VC firm Kleiner Perkins. He’s the Valley’s first-ever Design Partner.  That’s a serious step into the mover-shaker circle for the design profession. Read more of this post

The U.S. is relinquishing control of domain names. Here’s why

The U.S. is relinquishing control of domain names. Here’s why.

March 17, 2014: 2:10 PM ET

The United States has long planned to give up its unique role as steward of the Internet’s domain name system, but it’s unclear what kind of entity will replace it.

By Sam Gustin

The U.S. plan to relinquish stewardship of key technical functions that ensure the Internet runs properly drew praise and criticism over the weekend. If the process goes smoothly, it shouldn’t affect the day-to-day Internet experience for users, but the shift, which was announced Friday by U.S. officials, represents an important development in the evolution of the Internet. Read more of this post

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