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It is possible to argue that a big new management idea has emerged from each of America's recessions in recent decades.
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The fact that this could even be considered as a bold new idea shows how badly management in the typical Fortune 500 company is broken.
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The idea of energy management is not new.
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New York Yankees management thought it would be a good idea to identify players by where they hit in the batting order, hence No. 3 was issued to Babe Ruth, No. 4 to Lou Gehrig.
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If the fund-management business has an idea for a product, the new fund is out on the market before anyone has tested it.
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Then at the right management level, the managers of the two silos agree the new product idea holds promise and decide to combine resources, both people and budget, to develop and market the product.
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The idea is to delist them, take over, put in new management, clean the financial books and then re-list in Hong Kong, where accounting standards are less rigorous.
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Deutsch got the idea for his second act after watching the frustration corporate management often experiences when it invests in new technology.
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