Product of the Times

It has been a bizzy weekend.  I have to run a repeat, this one from 2011.

What we know about our past is often heavily filtered through something like “conventional wisdom”. Certain “great men” are raised up as heroes while others are confined to the footnotes of history. The names that we hear often get credit for far more than they deserve as they ossify into myths, people who are bigger than life. That’s been changing lately as we study history as the actions of people who were simply doing their best. It’s especially evident in the growing body of performances of ancient music that showcase “minor” composers – those who made up the scene that made it all happen.

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Coopertition

Robotics season – it’s intense.  It’s time for another repeat, this one about the team and the world that our kids are learning to navigate even as they create it.

Our team, 2491 No Mythic,  is set for the North Star Robotics tournament next week. It’s an event that teaches all the aspects of engineering and entrepreneurship – design, build, teamwork, and budgeting. This year’s competition also brings back an important concept in any business – Coopertition. The teams competing in a match can bump up all their scores at once if they work together.

It goes against the sporting aspects of the match in many ways, but it is critical. In business, companies have always worked together for mutual benefit even as they have competed. Cooperation can be a powerful force for change or a descent into stagnation. No matter what, business has never been purely a “survival of the fittest” in ways that define the boundaries of ethics and will almost certainly be more critical in a close-knit global economy increasingly defined by technology.

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Sitting on Cash

If you’re like most people living paycheck to paycheck, you have a simple problem at the end of the month – not enough cash. There’s nothing to be embarrassed about here – it’s a common problem that is faced by a large number of families as the economic recovery struggles on.

But if you’re an S&P 500 company, you may have a different problem – too much cash. Not precisely too much cash on hand, that is, since that’s never a problem. You may have something like cash sitting around somewhere in the world that you have trouble bringing home to make use of the way you want to.

Therein lies the problem with this economy – not that there isn’t enough to go around, but that it isn’t going around.

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