Industry News

Top articles of the week | July 13

Every week, we put together a list of our top 5 articles of the past week. Happy reading!

 

 

Lee Iacocca, father of the Ford Mustang who later rescued Chrysler, dies at 94             LA Times   (reading time: 16 minutes)

The recent passing of Lee Iacocca, former CEO of Chrysler is a reminder of the importance of leadership. This article delves into the larger than life Iacocca’s career. He made some great strategic moves but some blunders along the way as well. He was one of the iconic leaders of the US industrial century.

 

Platforms and Blockchain Will Transform Logistics            Harvard Business Review   (reading time: 6 minutes)

This is a good quick read on the changes that technology & data are driving in the logistics industry. Even though I’m not sold on blockchain specifically for this use case, there is a point to be made that cost, performance and customer experience will be dramatically improved.

 

Shopify and the Power of Platforms       Stratechery   (reading time: 9 minutes)

Ben Thompson from Stratechery delivers another masterful analysis of platforms. He uses his aggregation theory to juxtapose Amazon and Walmart’s position. Into the fray comes Shopify. This Canadian company has truly built an amazing platform and recently announced fulfillment by Shopify. This is a fascinating addition to their offering and this article helps explain the power of platforms.

 

Why Chance the Rapper Started Selling His Music      Trapital

(reading time: 8 minutes)

Over the past 10 years, there’s been wonderful experimentation in the music industry. Chance the Rapper stood out by giving his music away for free and making money by touring, merchandise, and endorsements. This article dives into the various strategies employed by the artist and has many parallels to the business world.

 

What Robert Kiyosaki’s Cash Flow Quadrant taught me about business               Jason Andrew   (reading time: 3 minutes)

There are four quadrants to building wealth, employee, self-employed, business owner and investor. This simple & quick framework provides some good career advice on how to build wealth and it means to truly be a business owner.