The Bankwatch

Tracking the consumer evolution of financial services

Posts Tagged ‘bubblegeneration

“Instead of extracting value, they create it” | Haque


Umair continually presses us to think about new types of corporations that are creating genuine value.  The definition is evolving, and you can check back with his earlier posts about the companies mentioned, but the final sentence in this paragraph is a great objective.

An Open Letter to 20th Century Business | Umair Haque

Who are some of those innovators? We’ve discussed lots of them – Apple, Google, Tata, Threadless. What makes them different is simple. They are more profitable and valuable than rivals because, well, they do stuff that counts. Instead of extracting value, they create it.

Written by Colin Henderson

May 25, 2009 at 20:53

%d bloggers like this: