Saved by Matthew Giampetroni
Capital Allocation
As you think about your own business, ask yourself: Am I managing for market share, or for profit? Is the market share I own profitable and alive, or is it profitless and dead?
Adrian J. Slywotzky • The Profit Zone: How Strategic Business Design Will Lead You to Tomorrow's Profits
However, in the context of product development, the traditional annual budget cycle can easily: Reduce transparency into the actual costs of delivering value — costs are allocated by functional cost centers or by which bucket the money comes from, without an end-to-end product view. Remove decisions from the people doing the work — the upper manage
... See moreJez Humble, Joanne Molesky, • Lean Enterprise: How High Performance Organizations Innovate at Scale
Thefirst is a fundamental understanding of how a company makes money. The idea is to distill the business tothe basic unit of analysis. The second dimension is gaining a grasp of a company’s sustainable competitive advantage. A company has a competitive advantage when it earns a return on investment above the opportunity cost of capitaland ea... See more
Dan Callahan • Reflections on the Ten Attributes of Great Investors
a. If you could invest $X million in the next year (above and beyond our current level of investment) with the goal of improving the competitiveness of the practice and making its future more secure, what would you spend it on? b. If you could improve our competitiveness by changing one aspect of the firmwide management practices and policies (meas
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