Saturday, October 23, 2004

Is business losing control?

I read recently in the Wall Street Journal that in the Comsumer Packaged Goods industry, 17.4% of revenues are being spent to buy shelf space. These companies have been gradually losing control of their business over the past thirty years.
Equally, we read that major corporations such as Marsh & McLennan or Citicorp are engaging in dubious practices and indictments against Corporate Officers are being considered. If so, they will simply join management from Adelphia, ENRON, Peregrine Systems, CA and many others.
The inmates are indeed running the asylum and we have to take back control.

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