Monthly Archives: December 2018

According to Yahoo!Finance, “JMU Limited operates a business-to-business online e-commerce platform that provides integrated services to suppliers and customers in the catering industry in the People's Republic of China. The company's platform networking services focus on local entertainment and lifestyle services, such as restaurants, movie theaters, and beauty salons, as well as allow local merchants to create online stores and make direct sales to their target customers for consumption at their brick and mortar stores. It primarily offers food ingredients, seasonings, alcoholic and non-alcoholic drinks, hotel appliances, tableware, kitchen appliances, office appliances, furniture, hotel and restaurant decoration, and hotel and restaurant information systems through its ccjoin.com Website, as well as mobile applications. The company was formerly known as JM WOWO and changed its name to JMU Limited in December 2016. JMU Limited was incorporated in 2011 and is headquartered in Shanghai, the People's Republic of China.”

The Study of Failure

"Lafley, safely ensconced in retirement, entered the failure porn fray with a Harvard Business Review interview in 2011: 'I learned more from my failures than from my successes in all my years as a CEO. I think of my failures as a gift.'

"I'd venture to say that the nearly 10,000 P&G employees who have been or will be laid off in the wake of Lafley's failures do not think of them as a gift. But failure is working out well for Lafley: He returned to P&G as chief executive in 2013 to save the company from collapse, and in his first year back he received $19.5 million in compensation. For Lafley, learning from failure simply means dismantling much of what he built: P&G is selling off about half of its brands; most of those rumored to be on the block were acquired by Lafley in the past decade (Lewis, Geoff. "Failure Porn: There's Too Much Celebration of Failure and Too Little Fear (Posted 2014-12-04 17:00:14)." The Washington Post Dec 04 2014 ProQuest. 2 Dec. 2018.)"