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Showing posts from October, 2018

An Open Letter To Romania's Leaders

Dear Leaders, Do you ever wonder, if only fleetingly, what your legacy will be? Will school children learn your names, will your statues stand on pedestals in parks? Will you be remembered as wise, enlightened, leaders who made Romania better? In case you ever do wonder, the answer to these questions is, of course, 'No'.  You will be remembered as 'The Post-Communism Communists', 'The Incompetents', 'The Corrupt' , 'The New Phanariotes' - though that is a generous comparison, the Phanariotes were at least educated and, at times, capable governors, patriots even.  You, on the other hand, will have done nothing more than govern, speak, and behave like the communists you replaced in 1989, though with a touch less patriotism and a lot more incompetence. How does it feel to know you cannot point to any one single nation-building accomplishment? No crowning achievements. No names to stand out and go down in history, except maybe with the l...

A Breakdown of The Romanian Consumer Market

Much the same way in which politicians are not the only problem in Romania, because there are voters on the other side of that coin, the businesses that thrive despite their sub-par products or services tend to survive only because they continue to retain customers who, in their ignorance, sustain a sub-standard offering. Romanian businesses have come a long way over the past several years. Owners are now looking outwards and willing to invest (a bit) in branding and marketing, they make an attempt at differentiation beyond the price point, and they at least pretend to pay lip service to the notion of customer service. The resulting increase in competition has left the businesses who do not adapt in an an existential limbo, with an archaic business model focused on being everything to everyone but in reality being nothing to nobody. I say that these business are in a limbo because they continue to exist while, in developed markets, most would have died out long ago. We can credit t...