Bolted Together

摘要

I'VE OFTEN USED this space to remind readers of the old saying, "The more things change, the more they stay the same." While most often used to characterize the periodic revisiting of fashion trends, the saying holds equally true in business strategy.Like the narrow lapel sports coats that went from cool in 1965 to ridiculous in '75, only to be revived in '85 and again in '05, some business models are embraced as new and cutting-edge when, in fact, they are the same strategies that were cast aside a few years earlier in the chase for greater profitability.