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  • GameStop Stock Frenzy: A Lesson in Contingency Planning GameStop Stock Frenzy: A Lesson in Contingency Planning

    GameStop Stock Frenzy: A Lesson in Contingency Planning

GameStop Stock Frenzy: A Lesson in Contingency Planning

The GameStop stock frenzy seemed like a flash-in-the-pan but then, last week, it was reinvigorated.  What Lessons Found can business owners and CEOs gain from it?

“ was the week when a bunch of amateur traders made Wall Street’s finest look like idiots.”  This is the opening sentence for one report on GameStop’s stock 500% runup.  By now, we have all heard this tale and its consequences including billions lost; a rushed investment to save Robin Hood; Robin Hood’s freezing trades of the stock and the call for congressional hearings.  The resulting panic and lack of a coordinated response indicate that few considered the possibility of a social media driven stock run – let alone how to address it.  But should regulators, Robin Hood, and hedge funds caught-short been better prepared? (more…)

  • Why innovate now? Read the signs. Why innovate now? Read the signs.

    Why innovate now? Read the signs.

Why innovate now? Read the signs.

The pandemic gave us a new variety of cheese. How this new variety came about offers us a Lesson Found on innovation.

Producing French munster is a laborious process that requires regular brine washings for a month or longer.  (French munster is not to be confused with its less pungent American cousin, muenster cheese.)  During France’s first lockdown, one farmer neglected to keep up with this process for 60 wheels of cheese.  When he returned four weeks later, the cheese looked and tasted different.  The farmer noted that the cheese had “taken the flora from the cave to give a taste we have never had before.” Seeing an opportunity, the farmer is selling the cheese (more…)