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Time is a non-renewable resource; a fixedasset. We must invest our time in these four dimensions of leadership: Invest In Time To Be Strategic. The heart of leadership is inspiration and influence; the words and actions that flow from our values express our character and motivation. Know When It Is Time For Action.
Winners, on the other hand, define the fundamental identity of the company by developing a clear idea of what they do best and how they create value for customers. Many successful companies, like Procter & Gamble and The Coca-Cola Company, develop a clearly defined… . As a result, they forgo the right to win in any market. .
In addition, we believe that your starting point for strategy development is what you are already great at, rather than studying the industry and market for opportunities. Is it more important to consider capabilities when you develop a strategy now than it was, say, five years ago? SD : Why now? What do most companies do instead?
At many companies the total cash investment in acquisitions, R&D, and fixedassets has not earned back its cost of capital after adjusting for the time lag in realizing incremental benefits. It reflected the reality that a lot of GE’s growth will be coming from the developing world, and the leaders have to be there.
China’s global economic power continues to grow, yet the decision-making dynamics of its top leadership remain a mystery. According to a recent survey by the Development Research Centre, a think-tank under the State Council, 74% of “migrant workers” want to settle in cities because of the better services available.
To help business leaders better understand industry disruption, we developed an index that measures an industry’s current level of disruption as well as its susceptibility to future disruption. One way is by reducing dependence on fixedassets. Another is by taking underused assets and monetizing them.
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