getty_462048891_970647970450067_57606Back in the day Dodge meant sporty and Chrysler meant sophisticated. Within a decade they both meant little as gas prices rose and tastes changed. Failures, bail outs and “mergers” followed. Just when it looked like the innovative vision Walter Chrysler had reached the end of the road a most improbable driver took the wheel and in a most unlikely moment of clarity showed us how to move a brand from misery to destiny. (more…)

The fastest way to build something is to deconstruct it. Think about all those companies that produce complicated things on an insanely large scale: Toyota, McDonalds, Boeing. If you want to build enough cars to move the entire world or sell a trillion burgers or create an aircraft with millions of moving components, you need to first prototype the final product and then systematically divide it into its individual pieces. If you look at each part separately, you can develop a product faster and more flexibility. I call this process modular design and development: breaking down complex systems into parts that can be developed and tested independently. (more…)

The headlines about the economic fortunes of the 1% and the associated political maneuvering to influence and manipulate our world view are disturbingly reminiscent of those in the early-twentieth century when mega-corporations called “trusts” ruled the day. This is exactly what French economist Thomas Piketty’s recent wildly best-selling book, Capital in the Twenty-First Century, tells us is happening again, but this time on our watch. Piketty narrates the dark story of high-efficiency capitalism and what happens when resources are concentrated and powerful groups take control of the market and the supply chain. It’s an indictment of the state of our world that’s set off both controversy and celebration. Many young and dispossessed people are inspired by Piketty’s neo-Marxian call for equality while those of us who have found our way through the Capitalist jungle are defending the benefits of a laissez-faire economy. (more…)