A Business Revolution

June 17, 2008 at 7:26 am Leave a comment

Businesses around the world are considering this one as a new business model.  As the Reg reports in the referenced article, a Cambridge woman got a 180 M USD electricity bill the other day.  It was the switchover between companies that was confusing; it’s sort of like the poor wireless companies in the United States that have to charge outrageous bills with weird contracts to sucker people into phones they can’t get away from.  Oops, sounds like I don’t like cell phones.  I do.  Really, I do.  That’s why I gave mine to my wife.  Anyway, the idea is, see; you make this terrible error, and you take, say, five business days to correct it.  Well, if you have a million customers and make the mistake serially, just think what it does for quarterly profits. 

 

Oh, well, it was an idea.

–Glenn

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Entry filed under: current news. Tags: , , , .

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