Did management learn anything after 246 years?

Poor management can crush something as big and strong as Wal-Mart.

Today’s guest post comes from NY Times contributor Judith Flanders, who writes about the failure of the current owners of Waterford Wedgwood to continue the legacy of Wedgwood’s founder, Josiah Wedgwood.

While brief, it contains several nuggets I’d categorize as “instructional”.

Packaging and perception are important in any economy, in any time.