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20 Quotes From The Daily Drucker

Six Disciplines

Harry Joiner over at Marketing Headhunter , posted his favorite Top 20 quotes from the Daily Drucker , with respect being paid to management thought-leader, Peter Drucker. Leadership is not rank. Listening (the first competence of leadership) is not a skill, it is a discipline. Worth reading!! but "What can I contribute?".

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How Passion Can Revolutionize Digital Technology, AND Change The.

Terry Starbucker

And change it did, because the new CEO had a vision that went beyond product, and costs, and overhead, and costs of capital. Thirteen years later, the stock price is now above $240, and it has a market cap bigger than Microsoft. Jobs, in that speech, declares that “ Marketing is about values&#.

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When "Creative Destruction" Destroys More than It Creates

Harvard Business Review

My colleagues and I at Bain & Company have been tracking this for forty years, and we have never seen companies losing their leadership positions as quickly as they are today. Of the 70,000 companies with market data available, more than 42,000 earned shareholder returns (dividends + stock price appreciation) below inflation.

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The Three Decisions You Need to Own

Harvard Business Review

At many companies the total cash investment in acquisitions, R&D, and fixed assets has not earned back its cost of capital after adjusting for the time lag in realizing incremental benefits. It was the first time a vice chair would be based in an emerging market. Decision making Leadership'

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The Case for Investing More in People

Harvard Business Review

Managed by Q, a cleaning and office services company in New York City, decided to pay employees higher wages than the prevailing market rate. In turn, the company is achieving lower levels of employee and customer churn, and correspondingly lower employee hiring and customer acquisition costs.

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What Shareholder Value is Really About

Harvard Business Review

Second, he or she needs to understand how capital markets work. Companies that manage for shareholder value, the thinking goes, do whatever it takes to engineer an ever-higher market price. A CEO's job is about resource allocation with a goal of earning a return in excess of the opportunity cost of capital.

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The Real Reasons Companies Are So Focused on the Short Term

Harvard Business Review

This has been a remarkable year for the markets. Investors punish companies with a short-term orientation by applying higher discount rates to them, which increases the cost of capital for those companies. This means they generate less revenue, profit and market value per dollar of R&D. MirageC/Getty Images.