I enjoy reading Forbes for a number of
reasons, several of which I will leave unsaid. Their stock
recommendations are pretty good. The 4/15/13 issue recommends Apple
(AAPL) at 460 because of Wall Street’s hyper-critical view. I think it’s
trading around 402 today. You know, losing Steve Jobs was bad, but
Tim Cook is talented, quiet and good visionary. If you’ve read the Jobs
biography (a bit long and poorly edited but really good if you have any geek
tendencies) you’ll appreciate Tim Cook even more as CEO. I’ve been in and
out of AAPL a number of times. It’s tempting again.
The feature article on Carl Icaan is good, too. His
regular quote brings a chuckle: “If you want a friend, get a dog.”
Here are the two other quick thefts of verbiage from the
same issue, all in context of organizational stewardship, skills and talent,
and good management:
Please, I would like to ask all those who have positions
of responsibility in economic, political and social life, and all men and women
of good will: Let us be “protectors” of creation, protectors of God’s plan
inscribed in nature, protectors of one another and the environment. Let
us not allow omens of destruction and death to accompany the advance of this
world. –Pope Francis
“John Paul II was elected to the throne of St. Peter in
1978, at the age of 58. Not since the election of Pope Pius IX in 1846
had the Sacred College of Cardinals chosen one of their number so young.
As a priest in his native Poland, Karol Wojtyla had quickly caught the eye of
the hierarchy. Named a bishop at the age of 38, he became cardinal of
Cracow at 47. Pope John Paul I, his predecessor, died after only 33 days
in the office. Thus, John Paul brought to the papacy not only vigor and
uncommon gifts for communication ( a former actor, he speaks more than a dozen
languages) but also the skills of a seasoned administrator. …American
management expert Peter Drucker, as witty aside in a study a dozen years
ago, ranked the Roman Catholic Church as one of the three most efficiently administered
organizations in world history. (‘The other two were General Motors and
the Prussian army general staff.) What impressed Drucker was the Church’s
capacity for survival and its impressive information flow at the top.”
Forbes, January 14, 1985.
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