Remove Balance Sheet Remove Energy Remove Operations Remove Talent
article thumbnail

You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

Building a successful platform business is hard enough when you have an original idea, ample capital, no core business to cannibalize, and a team of top talent. For most companies intellectual property is something that sits on their balance sheet. Just ask the executives at Uber, Twitter, Fitbit, and Snapchat.)

article thumbnail

What If Companies Managed People as Carefully as They Manage Money?

Harvard Business

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. In contrast, today’s scarcest resource is your human capital, as measured by the time, talent and energy of your workforce. Vincent Tsui for HBR.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Company Needs a More-Radical Board of Directors

Harvard Business

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. Applying them broadly without reference to your talent strategy could make it impossible to source or retain the people you need to achieve goals.

article thumbnail

Stop Focusing on Profitability and Go for Growth

Harvard Business

Bain & Company’s Macro Trends Group carefully analyzed the global balance sheet and found that the world is awash in money. Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5 The most productive companies have the talent they need to generate good growth options.