Crossderry Blog

Interview: Ruthlessly helpful project management

Crossderry Blog

I worked on fixed-asset accounting software, but I was never an accountant. Continuing my interview with Stephen Ritchie (@ruthlesshelp, blog here ). author of Pro.NET Best Practices (Amazon paperback & Kindle , Barnes & Noble ).

Unlocking the Full Potential of Your Business Software

Strategy Driven

Finding Problem Areas to Fix. Now that you understand the effect of software and how it can optimise your business, let’s take a look at ways that you can actually find problematic areas to fix. Fixing the Issue With Software.

Making Time For Time

Lead Change Blog

Time is a non-renewable resource; a fixed asset. I grew up in a home full of reminders of the brevity of time. 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.

Lead with a Coherent Strategy

Coaching Tip

Bringing on more fixed assets, instead of building market-leading capabilities. By Guest Authors from Booz & Company : Partner, Paul Leinwand and Managing Director, Cesare Mainardi .

Status Quophiles and Quophobes

Mills Scofield

SQ : Nice idea, but we have to recognize the sunk costs of our existing fixed assets. Ever know anyone who will explicitly say he/she doesn't think innovation is important? So listen carefully for the magic word - "but". Some of you know how much I love to challenge the status quo so here's my theory: Status Quophiles see the glass as half empty and want to make sure it doesn't become totally empty.

China’s Growth: A Brief History

Harvard Business Review

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment.

GDP 16

In Beijing and Washington, Business as Usual

Harvard Business Review

Will Zhang Gaoli, as overseer of the economy, continue China's fixation on fixed-asset investment? Last week the United States held a hotly contested election that demonstrated the challenges and strengths of the American political system. Both major parties talked of all that was wrong in American politics: a future of deficits, the monetization of political life, and the prospect of endless political gridlock.

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. There's no doubt about it; numbers don't lie. Companies that demonstrate strategic coherence — think Wal-Mart and Coca-Cola — earn a market premium in terms of higher earnings and greater shareholder value.

The Three Reforms China Must Enact: Land, Social Services, and Taxes

Harvard Business Review

Failure to present a groundbreaking new vision risks leaving in place old economic drivers, especially the over-reliance on fixed-asset investment, that have created serious challenges such as China’s “ghost cities” and high levels of local government debt.

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Say “No” to Innovation-in-General

Harvard Business Review

It’s the continuous technological innovations that will exploit your fixed asset base. I had just arrived at a conference on entrepreneurship and the only panel I wanted to see was starting. I looked down at my watch and realized that I was already 5 minutes late so I dropped my bags and ran to the next building.

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

” Economic profit represents a company’s profit after subtracting a charge for the capital that the firm has invested (working capital, fixed assets, goodwill). Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us.

EPS 13

What It Takes to Be a Great Employer

Harvard Business Review

Even in the absence of a fixed definition, more than 100 studies have now demonstrated a strong relationship between employee engagement and organizational performance. How crazy is it that companies are willing to invest in preventative maintenance on fixed assets such as their machinery, but typically won't make a comparable investment to enhance and sustain the health and well-being of their employees?

Retailers Beware: Markets Punish Stores with Too Much Inventory

Harvard Business Review

It is derived by adjusting for changes in gross margin, capital intensity (fixed assets as a proportion of total assets), and positively for sales surprise (the degree to which actual sales exceeds or falls short of forecast). This post is part of the HBR Forum, The Future of Retail. In all my years of studying and interacting with retailers, I have yet to meet one who doesn't worry about the optimal level of aggregate inventory that their firm should carry.