22 Sep 2011

Is this Capitalism?

This type of executive severance deal has to be put to an end, it rewards failure.

Apotheker was ousted on Thursday, but he'll collect more money on his way out the door. The former CEO will take home $7.2 million in cash as severance, plus $18 million more in stock.

I cannot imagine a client accepting a contract that would pay me if I do not deliver the services/products agreed upon, why is this any different?

Full Story /via @daringfireball

1 Aug 2011

Filipino Consumers Spend on Healthy, Convenient Products - Really?

According to Nielson, after sustaining a year of solid economic growth in 2010, it appears we can observe some developing trends that are emerging on the consumption of Filipino Consumers. However the story is not without warning:

With 85 percent of the Philippines’ households falling into the lower income bracket, rising costs for life’s basic necessities have hit hard. 

It is still a difficult situation for the average Filipino, the daily struggle for survival is a reality and is a clear factor in the consumer drive of the nation. Most notably, individually packaged items have been an amazing success since many households can only afford to buy essentials items in small quantities on daily or more frequent basis.

I find the emerging trends to be well within the normal oxymoronic consumptionomic behavior:

Consumers are gravitating toward “healthy” products - at least "healthy" is in quotes...
Sachets equal success - individual packaged items, from shampoo to laundry detergent are staples in the Philippines.
Convenience is king - outsourcing has changed the normal working day, so this is important

In summary, consumers want Individually Packaged Healthy Items that are Convenient. That sounds about right.

About Me

I am Dave Overton, techonomist and entrepreneur. I co-founded @gloryreborn a non-profit medical organization with my wife and I recently launched my startup @sym_ph.

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