Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marcos who wrote (71118)	2/11/2009 2:54:23 AM
From: Maurice Winn	1 Recommendation Read Replies (2) of 74559

It's easy to overlook that [or not give it enough weight]. <your job is assess the quality of their performance, which is not a technical thing, but a people thing> Decades ago, I learned what a vast difference the people managing a business make to the identical business. The example is Enterprise Service Station in Tauranga, New Zealand. I was involved with it [for BP Oil] for a few years during which time there were 5 owners. Each ran it quite differently. 2 ran it into the ground, 1 made a good living, and two did very well indeed. Town planners allowed no changes at all other than keeping it clean and tidy, painted etc. So it was all business management. It was quite an education [along with all the other things]. Having an old head on young shoulders would be great; get all those lessons preprogrammed. No wonder there is such evolutionary pressure in humans to live a long time. It's such a waste when old brains die. Google won't die!! Mqurice

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