Tag Archives: Harvard Business School

A Business Strategy to Capture More Value

The best entrepreneurs and business owners know that capturing value, not just creating value, is critical to success. The phrase “capturing value” is not meant to convey a zero-sum concept of one person capturing what another person loses. It is a way of saying that… Continue reading

Managing Business, Managing Time, and the Case for Doing Nothing

Balance is an elusive concept — and so relevant to so many business situations.  I have enjoyed adding to our series on Balance — last year, we identified more than 20 things a business owner must balance.  Should we focus inside or outside?  Should we… Continue reading

Great Tool for Business Decision Making in Uncertainty

In business decision making, we never have as much information or certainty as we would like.  The best business and investment minds know how to focus on the factors in a decision that are the most relevant and ignore extraneous factors.  It is a real… Continue reading

BCG Growth Share Matrix of Cash Cows, Dogs, and Stars

Older ideas, seen anew, can be helpful to business owners.  In that spirit, I have highlighted Economies of Scale and Michael Porter’s Five Forces previously.  Today, I highlight another older idea in the Boston Consulting Group (BCG) Growth Share Matrix that was developed by the global consulting… Continue reading

Investment Wisdom Convergence from Clayton Christensen and Charlie Munger

When two great thinkers come to a similar idea from different starting points and careers, I pay attention.  For business and investment wisdom, Clayton Christensen of the Harvard Business School teaches his students a collection of “theories and frameworks” to help them understand and deal… Continue reading

Five Forces by Michael Porter — Fundamentals Through Graphics

Five Forces of Competition The five forces of competition concept is one of the most influential in modern business.  It was developed by Michael Porter of the Harvard Business School.  Like all good frameworks, it takes something complicated and provides a simple, shorthand method to… Continue reading

Rich vs King? Spoils Go To Business Owners Who Delegate & Share

As is often said around Silicon Valley, “Would you rather be rich or be king?”  I think the rich vs king question is too crass and is aimed narrowly at convincing a founder to bring in senior management to manage a growing enterprise. However, I… Continue reading

Anti-Shark Culture as Strategy at Harvard Business School

Few organizations are as effective at establishing a culture as the Harvard Business School — and it is very deliberate, intentional, and no accident.  I am back at Harvard Business School today and being here reminds me of the strategy and hard work the school… Continue reading

Chart of Most Profitable Industries — Increase Your Odds of Business Success

Profitability Differences Building a business is a lot of work.  Thus, it makes sense to build your business in an industry where the fundamental dynamics are a little more in your favor.  Or, evolve your business to improve its fundamental characteristics by studying the best.… Continue reading

To Increase Your Personal and Business Prosperity: Exchange More

A Business and Personal Prosperity Secret? What is the secret to creating value in the world for yourself and others?  Exchange is the best and shortest answer I would give today.  Exchange, or the act of giving one thing and receiving another in return, creates prosperity. … Continue reading