Quote to Note: Axil Springer on Planning
November 5, 2015
Here’s a delicious statement attributed to Mathias Doepfner, an Axil Springer big gun. For context, remember that Axil Springer bought the Financial Times for something north of $1.3 billion. Now the quote:
“A takeover of this size … is neither planned nor foreseeable.”
Maybe an impulse buy like Google’s purchase of Motorola? I assume that Volkswagen did not plan or foresee the consequences of its emission control software behavior. German management approaches certain decisions in an interesting way: Neither planned nor foreseeable.
Stephen E Arnold, November 5, 2015
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