…when you think of the benefits of small loans, achieving peace and stability isn’t the first idea that springs to mind. But it is exactly what Yunus, 66, is aiming for. While he may not be brokering treaties, he’s actually promoting peace by uprooting one of the root causes of conflict: poverty. At the same time, he’s demonstrating how effective entrepreneurialism can be.
More at Businessweek
It’s official now. Google acquires YouTube for a whopping US$1.65 billion, in an all-stock deal.
While the markets reacted favorably and analysts seem happy, here is an interesting (and expected?) reaction from Steve Ballmer, as reported by Patrick Thibodeau of Computer World.
Microsoft CEO Steve Ballmer today all but dismissed Google Inc.’s just-announced $1.65 billion purchase of video-sharing service YouTube as a waste of money … “If you look at most of the content up at YouTube today, it is copyrighted material,” said Ballmer. For all the chatter about how YouTube is all about home video, in the end people want to see things like replays of the recent 60 Minutes interview with former Hewlett-Packard Co. chairman Carly Fiorina, said Ballmer.
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Steve Ballmer
I think life is all about circles and not straight lines. You can
jump onto the circle anywhere you like. Number one, is having
vision–call it an objective, call it a goal, it is the idea of where
you want to go. The beginning of strategic thinking is where
you are working out the vision strategy, then it’s mapping out
the ways in which you could deliver that, like policies you put in
place. Overall a series of moves in chess is a strategy. Each move
is a tactic
Lord Thurso
In the book, ‘Gurus on Business Strategy’, Tony Grundy starts off with a
definition of Strategy and then goes on to give a brief introduction of
the most influential gurus and their contribution to the business world.
The book is a good start for any business-strategy enthusiast; it also
serves as a decent reference for a seasoned guy.
So, if you are in the rush for a meeting and you need a quick refresh of
some of the top-notch concepts, this book comes in quite handy.