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How to Shift Your Strategic Focus

thoughtLEADERS, LLC

Remember that your team’s time and energy is a fixed asset. Market and organizational changes can require you to shift your focus. This can mean temporarily pausing some work to accelerate or add new projects. Shifting focus doesn’t mean adding new things to focus on.

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Company Asset Management

Lead Change Blog

Computers, tools of the trade, vehicles, and buildings are the best examples of fixed assets. In a nutshell, a fixed asset is anything that a company buys intending to use for more than one year. The challenge that most companies encounter is in deciding what to do when it is time to get rid of assets.

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6 Smart Investment Decisions To Make As An Entrepreneur

Strategy Driven

Investing in fixed assets. Investopedia defines an asset as an economically valuable resource owned, controlled, or acquired with the expectation that it will appreciate later. A fixed asset is an asset acquired to liquidate at a later period.

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Making Time For Time

Lead Change Blog

Time is a non-renewable resource; a fixed asset. My father, a collector and restorer of antique timepieces, filled the walls with clocks of every shape and size. As a child, I quickly learned the meaning of tempus fugit. As a leader, I embrace the awareness of its reality in every moment.

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Status Quophiles and Quophobes

Mills Scofield

SQ : Nice idea, but we have to recognize the sunk costs of our existing fixed assets. I : This makes sense in the long run, and we can show some benefits even in the short term by applying our learning early on. I: Nice idea, and let’s face it, sunk costs are, well, sunk!

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5 Facts Everyone Should Know About Home Loans Before Applying

Strategy Driven

For this reason, regular income is significantly more important than fixed assets or cash in the bank. The reason for this is that they care more about your ability to pay in the long-term, and a nest egg can be depleted, even a sizable one.

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Lead with a Coherent Strategy

Coaching Tip

Bringing on more fixed assets, instead of building market-leading capabilities. Emulating competitors and pursuing industry benchmarks rather than seeking differentiation. Hedging bets with multiple options, which reinforces complexity and raises costs. Leaders must compel the organization to choose.

Strategy 178