Narconomics
Tom Wainwright

Summary

An fascinating look into how drug cartels are like any other big business

For more info, see here

Notes

Cut the supply chain costs and improve the efficiency of the yield

Look at the barriers to entry/competition among employees

One of the biggest problems is human resources and hiring/trusting the right people (also don’t flaunt your wealth)

In europe, drug managers tend to forgive their incompetent employees and smooth over areas of conflict

PR is just as important as you do for a company (cartels and drug lords are celebrated in certain regions)

In developing countries, companies pay the services the state doesn’t so their corporate social responsibility image is better locally

Licensing the brand as a franchise comes with risks

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