Hamilton Helmer: evaluation

Transcript context

…Porsche did it under coercion by the Nazis. Right. It's not impossible but quite different. If you go from cars to refrigerators, it's really different. I agree with that analysis. But remember, too, not to forget the importance of the entrepreneur in this because they are the locus of inventiveness. It doesn't happen without them. This isn't an automatic process or something mechanical. There's individual human creativity involved. It's especially evident at Apple, but it's really true everywhere for all entrepreneurs. That's why Chenyi and I have to be fairly modest about what we're doing because what we're really trying to do is to provide pattern recognition for those people, but it doesn't substitute for them. It's just a tool. This is a good lead up actually to what I wanted to ask you as we wrap on internal transforming and new business development. Does this framework apply to thinking about acquisitions as well for companies? I would imagine that companies that are starting to think about transforming are also at a stage where they could be contemplating fairly large or transformative M&A. Is that different or should you think about that with the same rubric?…

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