Don’t miss this year’s Annual Entrepreneur Awards Ceremony being held Thursday, May 5th in the Schulze Grand Atrium. This year, the John F. Cade Award winners are Pat and Jim Ryan of Ryan Companies, Alan Bignall of ReconRobotics is Entrepreneurship Alumnus of the year, and the Family Business of the Year is Kowalski’s Markets. You can register for the event at the website http://StThomas.edu/Business/EntreAwards. Please join us for our 22nd celebration of St. Thomas entrepreneurship this year.
Dr. Mark Spriggs
Can growing companies learn something from recent events in the US auto industry?
In 2009, the big three US automakers had two times as many franchised dealers vs. all import brands combined. Accepted wisdom for years was that more intensive distribution translates into more sales, but then total sales dropped from a steady 17 million in 2006 to 10.5 million in 2009, and Big Three market share dropped under 50%.