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.
Source: Bloomberg business notes, published by Noah Buhayar and Lily Katz
– 24 Feb.2015
Cheers! Jim Blaze