Richard Aboulafia: April 2017 Letter

Dear Fellow Northern Border Watchers,

One easy mistake to make, in war or business, is emphasizing tactics over strategy. Broadly, Tactics are the Hows: plans and execution; Strategy is the Whys: the long-term goals and agendas. They are very different. The best illustration of this mistake is Boeing’s Canada trade complaint, recently filed against Bombardier’s CSeries. I understand why Boeing thinks its tactics will work; I’m completely baffled about the… [More]

Richard Aboulafia: March 2017 Letter

Dear Fellow Pre-Disrupted Aero Universe Inhabitants,

New Aircraft Concepts! We’ve got New Aircraft Concepts! After decades of zero market entrants, there’s a sudden flood of new big ideas. A few wannabe aircraft companies are usually around, but concept drawings have proliferated over the past year or two. It’s hard to categorize them all; from flying cars to supersonic business jets (SSBJs) to air taxis. Some use battery power. Some go vertical. If Dr. Seuss drew air vehicles, he’d be perfect for … [More]

Richard Aboulafia: January 2017 Letter

Dear Fellow Forlorn Trade Fans,

Useful corporate management anecdote: in business, there are A players, B players, and C players. They all see Jiro Dreams of Sushi, a documentary about a brilliant octogenarian Japanese chef. The A players watch the movie, and aspire to be as accomplished as Jiro. The B players spend the next day raving about the movie to friends. The C players order… [More]