Chinese marketers - indeed, marketers everywhere -- need to "rebuild" corporate structures to align assets. True, "pain from change" is unavoidable. But downward vortex of commoditization will be more difficult to bear.
In my company, I'm fanatical about tracking our numbers and metrics on a monthly basis. Metrics show you the effectiveness of your actions, your successes for the month, and the overall health of your business on the whole.
The Internet has long and glibly been cited as virtually the only reason for the sector's decline. But in fact, business reporters (they fear antagonizing their bosses) generally fail to note the huge and destructive impact (to journalism anyway) of public ownership.
Privately held companies have a huge impact on the U.S. economy, and new data shows that sales and margin performance through the recession and so far in the recovery has varied, depending on the size of the company.
For small sums, vulture funds buy debts racked up years ago by the poorest countries on earth. Then they take the poor country to court, and demand exorbitant and crippling returns from the debtor nations.