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Why Accounting in Business is Important

Strategy Driven

Liquid assets are cash, securities, receivables, and other financial assets that can be converted into cash within a short period, like a day or two. Intangible assets, such as buildings or equipment, are less liquid and can take longer to convert into cash.

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Recommended Resources – I Have A Strategy, No You Don’t

Strategy Driven

I Have a Strategy, No You Don’t : The Illustrated Guide to Strategy. I Have a Strategy, No You Don’t : The Illustrated Guide to Strategy by Howell J Malham Jr provides an illustrated definition of business strategy. Four basic elements of strategy. by Howell J Malham Jr. About the Book.

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How to Keep Your Team Agile and Aligned Under Pressure

Strategy Driven

However, there is an intangible asset that is very difficult to quantify — but without it you cannot ultimately succeed. This asset is, of course, alignment. It amazes me how few leaders understand how to harness, measure, leverage, and ultimately achieve true alignment behind their strategies and objectives. efficiency).

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How to Build Your First Balance Sheet as a Startup?

Strategy Driven

Assets here can be current or non-current assets , and they include everything that the startup owns within a given period. Assets can be tangible, which refers to those assets that can be seen and touched like properties. A startup can also have intangible assets that you cannot feel or touch, like goodwill.

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

Great Leadership By Dan

It will also include the important element of culture which some have noted will “eat strategy for breakfast.” These results can be, in my experience, best conceived as a progression of outcomes moving from intangible assets to tangible outcomes. All of these elements combined them should produce results.

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Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business Review

Today, the majority of market value is made up of intangible assets (networks, platforms, intellectual property, customer relationships, big data) more than physical assets. In fact, it’s not even close: intangible assets make up over 80% of the S&P 500’s market value — a complete reversal from 1975.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

Contrast Walmart’ $160 billion of hard assets for its $300 billion valuation against Facebook’s $9 billion dollars of hard assets for its $500 billion valuation. The economic purpose of these intangible investments is no different than that of an industrial company’s factories and buildings.