Harvard Business Review

JUNE 8, 2018

The market caps of just four companies, Apple, Alphabet, Amazon, and Microsoft, now exceed $3 trillion. Their combined assets of $944 billion are an order of magnitude lower than the combined assets of $7,700 billion of the largest 3,177 companies in 1986, when the aggregate market capitalization reached $3 trillion for the first time.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

JULY 9, 2012

A major customer may default, a promised source of funding may disappear, or the world's markets may sour — any of these can shift your trajectory in an instant. After all, if he were on a desert island without a capital market, the value of his skill goes nearly to zero. Then again, you may be lucky. So, Luck matters.

Net Present Value 15

Net Present Value Entrepreneur Strategic Fit Open-book 15

Harvard Business Review

OCTOBER 15, 2012

Companies knew how to engage a design firm, license IP, and form joint ventures, but few knew how to truly co-develop innovations with external partners, such as PARC. PARC has since learned many more lessons — and is now an industry leader — in how to turn open innovation into a repeatable business model.

Innovation 8

Innovation Execution Net Present Value Open-book 8

Harvard Business Review

MARCH 10, 2011

When executives evaluate a potential investment, whether it's to build a new plant, enter a new market, or acquire a company, they weigh its cost against the future cash flows they expect will spring from it. To make sure they're comparing apples to apples, they discount those future cash flows to arrive at their net present value.

CAPM 13

CAPM Cost Discounted Cash Flow Cost of Capital 13

Harvard Business Review

MAY 29, 2017

People are selected, evaluated, and trained on how to embody them. Second, the values drive self-honesty, and when the company fails to live up to them, leaders are the first to admit it. And finally, writing a values statement is used as the start of an ongoing, transformational journey, not the conclusion of one.

Bottom-up 9

Bottom-up Competitive Advantage Organization Workshop 9

Harvard Business Review

FEBRUARY 7, 2011

For decades multinational corporations have poured hundreds of billions of dollars of foreign investments into emerging markets , sometimes preferring the investment climate of "stable" authoritarian regimes over "messy" democracies. Certainly the money at stake is substantial. If the owner of that subsidiary discounts profits in Egypt by 12.5

NPV 12

NPV Short-term Discount Politics 12

Harvard Business Review

JANUARY 11, 2012

My last post described how Innosight follows a three-stage process to evaluate investment proposals from outside entrepreneurs. But deciding how to invest in ideas at a corporation is a different beast. Can we get to the market without any technological miracles? If you don't have an innovation strategy , go and create one.).

Company 14

Company Net Present Value How To Proposal 14