article thumbnail

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.

article thumbnail

Making Time For Time

Lead Change Blog

Time is a non-renewable resource; a fixed asset. Leadership Development action business Inspiration relationships Strategy time Time Management' 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. Tempus fugit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lead with a Coherent Strategy

Coaching Tip

Winners, on the other hand, define the fundamental identity of the company by developing a clear idea of what they do best and how they create value for customers. Many successful companies, like Procter & Gamble and The Coca-Cola Company, develop a clearly defined… . As a result, they forgo the right to win in any market. .

Strategy 178
article thumbnail

Resolution 2011: Make Your Strategy Coherent

Harvard Business Review

Focus on capabilities rather than just fixed assets: Fixed assets, including brands, are more difficult to leverage across diverse businesses and tend to expire, become obsolete, or give way to related services. Define precisely how your way to play adds value for your chosen customers (e.g.,

article thumbnail

How Likely Is Your Industry to Be Disrupted? This 2Ă—2 Matrix Will Tell You

Harvard Business Review

To help business leaders better understand industry disruption, we developed an index that measures an industry’s current level of disruption as well as its susceptibility to future disruption. One way is by reducing dependence on fixed assets. Another is by taking underused assets and monetizing them.

article thumbnail

Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

In addition, we believe that your starting point for strategy development is what you are already great at, rather than studying the industry and market for opportunities. Is it more important to consider capabilities when you develop a strategy now than it was, say, five years ago? SD : Why now? What do most companies do instead?

article thumbnail

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 reflected the reality that a lot of GE’s growth will be coming from the developing world, and the leaders have to be there.

P&L 8