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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (73482)	4/23/2011 3:16:57 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218059

suspect that you and i, even without training, would find last troy ounce of strength to make it up that hill tsunami are scary, in the day time video now imagine the same sort of event during the night once the street lights are down and out take away lesson, live way above sea level

To: Snowshoe who wrote (73482)	4/23/2011 3:09:26 PM
From: elmatador	Respond to of 218059

Here you have 2 things that happens when the people are going down. They hang on to their beliefs that what they have is of value. They think those values are absolute and eventually the ship will right again, they will be proved right, failing to accept their fate. Second, they wait for a change in the situation itself to rescue them. I call this the Sven-Christer Nilsson syndrome. Sven-Christer Nilsson was an Ericsson CEO 1998-1999, who took charge after the Asian Meltdown. Ericsson had most of its business in Asia and the fall of Asia took a heavy toll on Ericsson. LATAM crisis followed and Ericsson’s business dried up. Sven-Christer Nilsson did not know what to do. Of maybe knew but was not able to execute the changes. He pretty much sat and waited for Asian crisis to resolve, market pick up again and save him. He would wrap himself into the Asian market reversal and would come out as a BusinessWeek cover as a turnaround man. It did not happen that way and he left in shame as an ineffective CEO.