Six Disciplines

MARCH 25, 2011

Leadership is not rank. You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. Listening (the first competence of leadership) is not a skill, it is a discipline. It is responsibility. All you have to do is keep your mouth shut. Luck never built a business.

Drucker 136

Drucker Cost of Capital Definition Commitment 136

Harvard Business Review

SEPTEMBER 4, 2017

Similarly, many organizations are experimenting with using Agile sprints beyond the traditional areas of product development and innovation. This includes more autonomy and agility as well as inspirational leadership. Companies that follow the Toyota Production System use Kaizen events to improve productivity on the manufacturing line.

Human Capital 15

Human Capital Kaizen Agility Energy 15

Harvard Business Review

OCTOBER 15, 2013

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. Decision making Leadership' That outcome reflects the wrong allocation and/or ineffective execution.

P&L 8

P&L Fixed Assets Charan Delegation 8

Harvard Business Review

JUNE 27, 2012

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. They can focus and simplify their organizations. real revenue and profit growth and earning their cost of capital has steadily declined.

Creativity 14

Creativity Long-term Kotter Cost of Capital 14

Harvard Business Review

DECEMBER 13, 2017

Investors punish companies with a short-term orientation by applying higher discount rates to them, which increases the cost of capital for those companies. In contrast, companies with a long-term orientation are rewarded with a lower cost of capital, which allows them to afford more innovation—a virtuous cycle.

Short-term 8

Short-term Decentralization Company Trends 8

Strategy Driven

SEPTEMBER 9, 2011

The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. What the doctor wants to get done is an efficient, organized practice, which runs with minimal continual inputs, with very little disruption. Net present value [NPV] is a case in point.

Innovation 50

Innovation NPV Business Model Constraint 50