Episode 156: Companies in the Global Economy
Russ and John present a show for the dream makers, artists and athletes - the entrepreneurs among us - who do more to improve our lives than the politicians do. Includes: BusinessMakers Quote of the Week - a vision of the future from Sir Arthur C. Clarke, author of "2001: A Space Odyssey;" This Week in Business History presents events, unique inventions, patents and vehicles (so why can't they make New Jersey smell better?!); Navigating Business Jargon - buzzwords and technospeak that come with reticence and disclaimers; and Dumbest Moments in Business History - American Airlines creates problems for themselves.
The BusinessMakers interview Kenneth P. Morse, senior lecturer and managing director of the M.I.T. Entrepreneurship Center; and Becky Thomas, international sales executive and consultant. Morse co-founded six high tech companies including 3Com Corp. and Aspen Technology Inc. This is a discussion about international start-ups and growing a company in the global economy. There is no business as usual in the "new world."
Russ flashes back to his visits with James Treybig, founder and former CEO of Tandem Computers and now venture partner with VC firm New Enterprise Associates; and Fred Smith, the founder, chairman & CEO of FedEx Corp. These two visionaries provide real world perspectives on the global economy - perspectives from veteran business leaders who clearly are "in the game."
Greg Price comments on the typical budgeting process and offers ways to make it more efficient.