Tuesday, May 6, 2014

Why hindsight is both easy and unfair!

Today, as we were reminiscing my years with Look bindings, I tried to explain how the French ski binding manufacturer went down in flames, by what I generally thought were fault of some, but after digging deeper into that story, this might turn out to have been no one's real fault...

That's right, who could have predicted that Salomon would be so good at what it did, that a few dry winter seasons would make business terribly difficult and that the ailing company might have to deleverage earlier on in order to stay healthy in the long run.

Sure mistakes were made, wrong people were hired and corrective measures came too little, too late, but hindsight isn't always 20/20 vision, it's often an easy cope-out! Yes, we always should keep in mind two other key components called luck and timing. Good and bad or right and wrong, these two fellows can make a world of of difference and wreck havoc on the best plans. Something to always remember!

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