Harvey Mackay

You Can't Solve A Problem Unless You First Admit You Have One

The Same Goes For Business Problems Alcoholics Anonymous has used that principle as a starting point to reclaim thousands and thousands of lives. Thousands more are never reclaimed because it's so hard to change. Sheer stubbornness has destroyed a lot more bottom lines than new technologies. There were just as many mean spirited jibes at Coca-Cola for abandoning its original formulas as there were at Ford when it unveiled the Edsel. The difference was that Ford decided it was going to prove the marketplace was wrong and stuck with its mistake far too long. Coca-Cola realized early that while humiliation was inescapable, horrendous losses need not be. It cut its losses, and its mistake cost it a lot less money than stubborn pride cost Ford. Campbell's spent years developing a new offering in what's called the "functional food" category. Named Intelligent Quisine (IQ), marketing consultant Sangita Joshi describes it as " a frozen food line that would help older Americans" … [Read More...]