As MBA professors endlessly tell their students, companies do best when they stick to what they do well. There's a reason Apple doesn't make blenders. There's a reason Haagen-Dazs doesn't sell meat. And there's a reason drug companies should focus on saving and improving lives - not jeopardizing them.
Jeffrey KlugerA child gets vaccinated and soon after, autism symptoms emerge. The apparent cause-and-effect is understandable but erroneous - more a coincidence of the calendar and childhood developmental stages than anything else, as repeated and exhaustive studies have shown.
Jeffrey KlugerConfidence quickly curdles into arrogance; smarts turn to smugness, charm turns to smarm.
Jeffrey KlugerI grew up in a suburb of Baltimore with an extremely high concentration of Jewish families - where the Levys and Cohens in the high school yearbook went on for pages, where I could count far more temples than I ever could churches. Anti-Semitism, in our cultural biodome, was mostly an abstract concept.
Jeffrey KlugerPaul McCartney had a baby when he was 61; Rod Stewart was 66; Rupert Murdoch was a stunning 72. Not only does that mean they'll have less stamina than the average dad, that means they'll, well, check out a lot sooner too.
Jeffrey KlugerIt's far too much to say that effective hoping is the only - or even the biggest - part of what it takes to succeed. If 14% of business productivity can be attributed to hope, that means 86% is dependent on raw talent, fickle business cycles, the quality of the product you're selling, and often pure, dumb luck.
Jeffrey Kluger