Sunday, November 25, 2012

Dealing with the Turkeys in Your Life | LinkedIn

Dealing with the Turkeys in Your Life | LinkedIn: "Early in my career as Chairman of Sony Pictures Entertainment, Akio Morita, the Founder and Chairman of Sony Corporation, asked me a very reasonable question about one of my divisions, Columbia Pictures, projections of success for its annual slate of movies we had scheduled. Together with my CFO, we responded that they can reasonably expect of the sixteen pictures on the slate, four would be genuine global blockbusters, four would be profitable domestic films, four would be cash break even investments, and four would be flops.   All reasonableness flew out the window as Morita’s CFO exhorted, “Guber-san, why do we have to make the flops?”"

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