Without operational excellence, capital is squandered
The grand-daddy of our culture-as-root-cause thesis, the late great Teddy Benigno, in his classic 2002 Star article Why investors avoid us: The trust factor highlighted what, at the time, was a very conservative forecast regarding China’s fortunes made in a Nomura Research Institute (NRI) study that foresaw a China that could “burgeon into the world’s…
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