Another story from The Leader’s Guide to Storytelling by Stephen Denning. The author worked at the World Bank in Washington, DC and over time decided the role of the World Bank needed to change. One of the World Bank’s strengths was its abilities to gather information from around the world, one of its weaknesses was unless you were employed by the World Bank, few ever saw the information. Mr. Denning believed the World Bank had to change part of its mandate to knowledge sharing to make the world a better place. To knowledge share is to share stories.
An great example of knowledge based information sharing is the government of Pakistan asked the World Bank field office about a better highway technology as the roads were falling apart, was the process better? The field office sent an email and responses came back from Jordan, Argentina, South Africa, New Zealand all within 48 hours and all with great advice. In the past, the response rate would have been 6 to 12 months for a report on the subject to come out and then be shelved.. ( the writer looked at the World Bank website and there is a wealth of information on it)
How does this relate to dividend paying stocks? the above is a great story and dividend paying stocks have great stories to tell. If you like the story of the company the returns can be and are wonderful.
There is always more questions than answers, till the next time to raising questions.