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The Japanese came across this problem in the middle-1990s. Their economy exploded in the 1980s. Real estate in Tokyo became the most expensive in the world.
GE is a great company. It's the only company to be on the Dow Jones Industrial Average since the index was created. But not even GE can escape market shifts.
Dell is on track with its plan to cut $3billion in costs by 2011" interpretation – Dell is cutting costs, not growing revenueTo steal from an old Kentucky Fried Chicken ad "Dell did one thing, and did it right
The second step in following The Phoenix Principle to achieve superior returns is to study competitors.
The negotiations are focusing on whether GM can be competitive. But, unfortunately, GM seems to be directing that discussion toward cost reductions
The market shifted. First it's biggest buyers, telecom companies, fell into a depression early in the century. And corporate buyers struggled to maintain old IT budgets, increasingly transfering work offshore and demanding lots more performance at lower prices.
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