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How to Make Organizational Change Enduring

Six Disciplines

There is still a whole notion of focusing on tangible assets and their impact on the bottom line, rather than the intangible assets, which are people. Change initiatives typically devote most budgets to structural issues such as technology and processes, not staff issues. Organizations don''t adapt to change; their people do.

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A Four-wheel-drive Diamond in the Rough Leadership Model

Great Leadership By Dan

Beginning at the top, 12 o'clock position, the first four elements are Yourself, Task at three o’clock, Others at nine o’clock, and Organization at six o’clock. These results can be, in my experience, best conceived as a progression of outcomes moving from intangible assets to tangible outcomes. See Figure 1.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

In a previous HBR article , we argued that, in contrast to physical assets that depreciate with use, intangible assets might enhance with use. So the fundamental idea behind the success of digital companies (the increasing returns to scale) goes against a basic tenet of financial accounting (assets depreciate with use).

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What It Will Take to Fix HR

Harvard Business Review

Those conditions elevated the work of the finance function to the point that, today, the CFO helps to set the course of business, advancing an organization’s growth and improving its competitive position by identifying and resolving key financial constraints. The CHRO must step up to the implications of the new world of work.

CFO 11
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CVS’s Lesson: Carpe Diem

Harvard Business Review

This kudos lead to the unusual occurrence of positive publicity for CVS’s business in major media outlets like the New York Times and CNN. Because senior managers tend to focus on the short-term operational and financial aspects of their companies rather than the intangible assets that are worth so much more.

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The U.S. Corporate Tax Code Is Broken. How Should We Fix It?

Harvard Business Review

Second, the rise of intangible assets, like patents and widgets, means that transfer pricing issues become central, and so high tax rates become more untenable as they increase the incentives to be aggressive. But there are many positive signs. Fortunately, I''m not a political prognosticator. Charlie Rangel and Rep.

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Blockbuster Becomes a Casualty of Big Bang Disruption

Harvard Business Review

As the disruptor improves its offering, though, the incumbent’s position becomes increasingly fragile. In doing so, they systematically undervalue their own intangible assets. In the strange new world of better and cheaper innovation, every industry will experience similar transformations.