Management advise of the day. From Warren Buffet. // BNSF’s owner

Here in brief is a warning about how even a world class railway can deteriorate.

The “ABCs of business decay” include: arrogance, bureaucracy, and complacency.”

“When these corporate cancers metastasize, even the strongest of companies can falter.”

Wise thoughts for many of the world’s railway leaders living on their past corporate reputation.

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Source: Bloomberg business notes, published by Noah Buhayar and Lily Katz

– 24 Feb.2015

Cheers! Jim Blaze

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