George ILIEV
(Hong Kong Island, autumn 2009)
Birds of the varying weather...do not exactly flock together. They just stand out with their more versatile songs. Recent research shows male songbirds that live in fluctuating weather conditions are more flexible singers, incorporating a wider range of tones in their tunes. The birds need this variation in their songs because when precipitation varies, the acoustics of the environment and of vegetation change significantly. Variability allows these birds to be heard farther.
The same rule applies in the corporate world. Companies from emerging markets, where market and macroeconomic conditions are more dynamic, are usually the most diverse and the most diversified. Conglomerates in Asia, Latin America and Turkey incorporate a whole spectrum of industries. Just think of the South Korean chaebols (Daewoo, Hyundai, etc.) which run businesses from ships to electronics to fertilisers.
The same rule applies in the corporate world. Companies from emerging markets, where market and macroeconomic conditions are more dynamic, are usually the most diverse and the most diversified. Conglomerates in Asia, Latin America and Turkey incorporate a whole spectrum of industries. Just think of the South Korean chaebols (Daewoo, Hyundai, etc.) which run businesses from ships to electronics to fertilisers.
(Hong Kong Island, 2009)
An article in The Economist draws similar conclusions on the pollination of plants: the more diverse the insects that fly around, the better they can pollinate a wide variety of plants. Horses for courses in this case takes the form of "insects for flowers".
ReplyDeleteEncouraging wild and diverse insects is the best way to pollinate crops
http://www.economist.com/news/science-and-technology/21572733-encouraging-wild-and-diverse-insects-best-way-pollinate-crops-variety