Tag: business
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Creative People Say No
parislemon: Kevin Ashton: Saying “no” has more creative power than ideas, insights and talent combined. No guards time, the thread from which we weave our creations. The math of time is simple: you have less than you think and need more than you know. We are not taught to say “no.” We are taught not…
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Let’s take \”enterprise\” out of the parking lot
> Rather than build out your next Instagram or SnapChat knock-off, consider disrupting 30 years of clunky software with horrendous user interfaces. The office-drone masses will bless you for it. [Let’s take “enterprise” out of the parking lot](http://feedproxy.google.com/~r/readwriteenterprise/~3/3C0X6UX3cc8/enterprise-tech-boom-cool-to-be-boring)
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Some things that are poor businesses
Doctors have obligations to their patients, teachers to their students, pastors to their congregations, curators to the public, and journalists to their readers—obligations that lie outside the realm of earnings, and are fundamentally different from the obligations that a business executive has to employees, partners, and investors. Historically, institutions like museums, hospitals, schools, and universities…
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Boards are just highly paid people
“The nature of boards,” says Buffett, “is such they’re part business organizations and part social organizations.” Buffett hammers home his point by noting that directors are “getting paid $200,000-$300,000 a year,” so “believe, me, they are not independent.” Boards are just highly paid people
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M&A doesn’t often work
[S]tudy after study puts the failure rate of mergers and acquisitions somewhere between 70% and 90%. The second, less familiar reason to acquire a company is to reinvent your business model and thereby fundamentally redirect your company. Almost nobody understands how to identify the best targets to achieve that goal, how much to pay for…
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The research reported in this book … shows that in the cases of well-managed firms… . good management was the most powerful reason they failed to stay atop their industries. Precisely because these firms listened to their customers, invested aggressively in new technologies that would provide their customers more and better products of the sort…
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PowerPoint and its infamous bullet points have been so abused in later years that the term “PowerPoint death” has become widespread, to the extent that some voices claim that PowerPoint is making us stupid or threatening our thinking and reasoning. It’s understandable that as a reaction some very popular books published in the last couple…
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What do “strategy” people do, really?
Broadly speaking, CSO responsibilities fall into three categories—strategy development, resource allocation, and strategy execution—but activities within these three categories vary widely. (See Exhibit 1.) Most CSOs are responsible for identification of growth opportunities (84 percent of the executives we interviewed), strategic planning (82 percent), and M&A and divestments (82 percent). Other common responsibilities include monitoring…
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Buying the hole, not the shovel
“This whole idea about coming from the outside and trying to sell something to the IT [department], I think, is starting to leave very fast,” Daher said. “Companies like ours, where we become an extension of a customer’s IT to support the business — that’s the approach, and we have to understand we are that…
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The disposable company
The duration of your working life is now almost certainly greater than the lifespan of a company. –Fail Cheaper, Fail Better
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Why your company needs a single P&L
On this week’s Critical Path, Horace gives a great overview of why a functional organization is a better way to achieve goals that are dashed by self-cannibalism FUD; that is: why your company should have just one P&L.
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Server sales
Basically, if you sold a Unix or proprietary server, your revenues shrank. –The Server Biz Stalls In The First Quarter
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Down on the Guadalupe River
Despite an estimated net worth of $1.2 billion, Mr. Weston, 48, lives modestly with his wife and three children in a 2,300-square-foot double-wide trailer on the banks of the Guadalupe River just outside of San Antonio. In addition to being a successful dot-com and real estate investor, he descends from British nobility on his mother’s…
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“It’s more fun to be a pirate than to join the navy.”
“It’s more fun to be a pirate than to join the navy.” – Steve Jobs
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