Regarding the credit crunch saga.
Posted on Mar 29th, 2009
by
Leo
Recent developments which have caught my attention are as follows.
The CEO of General Electric Corporation describing his perception
of corporate executive management not having "domain knowledge.
Domain knowledge, in a nut shell, is the knowledge
of the nuts and bolts mechanics
of the business being managed.
Also, the revelation that Harvard business school
and similar western institutions are primarily responsible
for the wayward activities of delinquint
corporate executives due to self serving precepts
advocated by these schools.
The CEO of General Electric Corporation describing his perception
of corporate executive management not having "domain knowledge.
Domain knowledge, in a nut shell, is the knowledge
of the nuts and bolts mechanics
of the business being managed.
Also, the revelation that Harvard business school
and similar western institutions are primarily responsible
for the wayward activities of delinquint
corporate executives due to self serving precepts
advocated by these schools.

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