Christian Baaki
@christianbaaki
Christian Baaki
“Again and again in business history, an unknown company has come from nowhere and in a few short years overtaken the established leaders without apparently even breathing hard. The explanation always given is superior strategy, superior technology, superior marketing, or lean manufacturing. But in every single case, the newcomer also enjoys a trem
... See morePeter Drucker, The Essential Drucker
That’s the promise: you will live more curiously if you write. You will become a scientist, if not of the natural world than of whatever world you care about. More of that world will pop alive. You will see more when you look at it.
James Somers • More People Should Write
... See moreI thought to myself, how many company CEOs are focused on culture above all else? Is it the metric they measure closest? Is it what they spend most of their hours on each week?
The thing that will endure for 100 years, the way it has for most 100 year companies, is the culture. The culture is what creates the foundation for all future innovation. If
Hauser uncovered the means to answer these questions definitively. In a Wall Street Journal article in 1993, he stated that “no matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5 percent of GDP.” What a pity that his discovery has not been more widely disseminated.
The chart on this page, updating the ev... See more
The chart on this page, updating the ev... See more
W. Kurt Hauser • Hauser’s Law
... See moreThe method [super normal returns model] wrongly assumes that taxes on quasi-rents and other transitory earnings due to imperfect competition or risk premiums cannot be shifted to labor. Earnings in these sectors are clearly sensitive to tax. Taxes on returns in these sectors alter output, prices, and wages, and thus fall heavily on labor, and not,
... See moreMost of what we read is a summary. The news is summary, many online writers aim to summarize studies or other things they’ve read, the most popular nonfiction works tend to be summaries. In the case of history books, sometimes they are summaries of older summaries.
I worry we read too much summary. About news especially I think of Goethe: “If one ha
Simon Sarris, Resist Summary
... See moreUniversities need new inter-disciplinary courses. For example, in March 2014 Stanford announced new undergraduate degrees such as Computer Science and English. It would be great if Oxford created alternatives to PPE such as ‘Ancient and Modern History, Maths for Presidents, and Coding‘. Instead of bluffing through essays on competing views of macro
... See moreExtreme transparency and communication, horizontally as well as hierarchically … Break information and management silos — a denser network of information and commands is necessary and much of it must be decentralised and distributed between different teams, but with leadership having fast and clear information flow at the centre so problems are see
The pianist whose fingers seem supernaturally nimble, the presenter whose message seems viscerally compelling, and the artist whose paintings seem impossibly realistic all wield the same magic: they’ve invested more time than you’d expect.