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Booknotes: 14 Ideas from The Power of Something Stupid

Leading Blog

Author Richie Norton explains that life-changing ideas are often tragically mislabeled stupid. Overcome the prideful need to measure your worth by how much more successful you are than others, by operating from a core belief grounded in abundance.”. Opportunities will come and go, but if you do nothing about them, so will you.”.

Power 276
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A Closed-Loop Strategy Execution System

Six Disciplines

In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets. Monitor and Learn: hold strategy reviews; hold operational reviews.

System 98
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The Strategy-Focused Organization: A book review by Bob Morris

First Friday Book Synopsis

The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment Robert S. Norton Harvard Business Press (2000) The Perilous “Journey&# to Breakthrough Performance Note: This is another “business classic” I read when it was first published and then recently re-read it. Kaplan and David P.

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A Closed-Loop Strategy Execution System

Six Disciplines

In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets. Monitor and Learn: hold strategy reviews; hold operational reviews.

System 85
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Performance Measurement

Strategy Driven

Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth. Kaplan and Norton point out that customer satisfaction, internal business processes, learning, and revenue growth are important drivers of long-term performance.

ROIC 62
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Identifying the Biases Behind Your Bad Decisions

Harvard Business Review

Just as an architect thinks carefully about how to best design environments and physical spaces to avoid inefficiencies, managers can adopt choice architecture. In a recent paper , scholars Ryan Buell and Mike Norton (both at Harvard Business School) studied ways in which service organizations could improve customer satisfaction.

Norton 9
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Why Facebook Should Worry About Tencent

Harvard Business Review

According to VentureBeat’s Dean Takahashi, Tencent is “a little like what you would get if you combined AOL, Facebook, Skype, Yahoo, Gmail, Norton, and Twitter — under one roof.” billion; mobile gameplay recording service Kamcord; and in Level Up, a Singapore-based online game operator for $26.95

Norton 8