Too many companies are focused on their investors instead of people…

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Key takeaways:

“…one of the most important lessons of business school is pretty much wrong. All that stuff about focusing on shareholders? Forget it, says Kazuo Inamori, entrepreneur, management guru and Buddhist priest. Spend your time making staff happy instead.” …

“If you want eggs, take care of the hen,” Inamori said in an interview on Oct. 23. “If you bully or kill the hen, it’s not going to work.”

“The secret, as Inamori tells it, was to change employees’ mentality. Aftertaking the CEO role [of an airline] without pay, he printed a small book for each staff member on his philosophies, which declared that the company was devoted to their growth. He also explained the social significance of their work and outlined Buddhist-inspired principles for how employees should live, such as being humble and doing the right thing. This made them proud of the airline and ready to work harder for its success, Inamori has said.”

“Companies shouldn’t be ashamed to make profits if they’re pursued in a way that benefits society…”

Throttling, Netflix, Comcast and YOU

Throttling … yes it’s a word. Learn it. Know it. It can be a bad thing. And it’s a very possible thing for Lexington if TWC becomes Comcast.

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Throttling can mean selectively slowing down service for one particular type of web traffic or source. Imagine if your ISP decided which sites you got to see quickly and which sites they wanted to slow down.

Example: Comcast throttled speeds of Netflix content so much that the streaming movies and tv shows were barely watchable. It was such a problem that making news this week was a deal where Netflix just paid in a roundabout way for that to stop being a problem.

While some people are saying that this is simply paying Comcast to be part of Netflix’s CDN (content delivery network) which is a legit thing they could be paying for:

Others see the payment as a round about way to get Comcast to stop punishing Netflix for being a competitor to cable tv:

Either way you look at it, “the deal ends a dispute that saw average Netflix streaming speeds decline on the cable giant’s network by nearly 30 percent in the past couple of months.”

It’s six of one and half dozen of the other.

But I’m in agreement with the quote at the bottom of the CNET article:

“It is clear that residential ISPs should be in the business of charging their users for access the Internet, not of charging the rest of the Internet for access to their users.”