Monthly Archives: September 2013

John Gapper

There is more than one way to lead in the smartphone industry, and China is at work on all of them.

No longer content to copy foreign products. China is developing brands to compete with Apple and Samsung. Xiaomi is known as its answer to Apple, and Huawei and ZTE, the equipment companies, have moved into handsetsRead more

John Gapper

The new free trade zone in Shanghai is a fascinating experiment by the Chinese government – among the most radical since it established the special economic zone in Shenzhen in 1980. But what does “free” mean?

As my colleague Simon Rabinovitch writes, there is uncertainty about how much economic liberalisation will be permitted in the zone, although plenty of big ideas have been bandied about: Read more

Not long ago, Goldman Sachs was Wall Street’s lightning rod, attracting bad publicity and interventions from regulators. Its place has been taken by JPMorgan Chase.

Andrew Hill

The controlling Jack Ma

Well done, Hong Kong. By sticking to its principles and not bending to Alibaba’s pressure for an unusual board control structure, the city’s stock exchange has struck a blow for investor rights over the increasing demands of technology executives.

Not that it will make a jot of difference. Read more

Ravi Mattu

I blame Wayne Gretzky.

Ever since the world’s greatest ice hockey player said a tearful good-bye to playing in Canada way back in 1988, his fellow Canadians have been smarting at the rules of big business.

Then, it was Gretzky’s move from snowy and quiet Edmonton to showy and glitzy Los Angeles. Now, 25 years later, the woes of BlackBerry, our one-time technological champion, have led some to wonder if national pride is again at stake. The putative bid by Toronto-based Fairfax Financial to take the company private has only added to the concern, with many analysts and investors unconvinced of the business case. Read more

Ask chief executives to make controversial public statements about their core business and they tend to be shy. I know this because I spent a few years trying to coax them into print as editor of the FT’s comment page. But provide them with an opening to tell the world about their sustainability initiatives and they are often impossible to shut up.

Andrew Hill

Di Canio confronts fans; a day later he lost his job as Sunderland manager

With Harvard Business School professors analysing Sir Alex Ferguson’s management style, and consultants drawing parallels between football coaches and chief executives, is there room in the crowded literature of sports management case studies for “The Di Canio Way”?

If there is, it will be a slim volume – Paolo Di Canio lost his job as manager of Sunderland on Sunday night after just 13 games and barely a month into the new season. I don’t have much truck with parallels between sports management and business management, but there are four cautionary chapters executives everywhere might want to read. Read more

John Gapper

BlackBerry’s belated decision to focus on corporate customers, amid the uncertainty over its future, is further evidence of how hard it is to bridge the gap between business and retail markets in mobile.

Both Microsoft and BlackBerry have been stranded by the shift toward consumer power in buying mobile devices. Individuals are no longer happy to take the smartphones their employers want. Read more