Daily Archives: September 24, 2013

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. 

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.