Tag Archives: Strategy

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

Keep Pedaling When You Most Want to Coast

When cycling to the top of a big hill, it is tempting to coast down the other side.  However, I have found that in business it is important to keep pedaling when you most feel like coasting.  It is often those investments made in a… Continue reading

Buying a Business: Raise Money for the Search or Not?

Search Funds Last week I had a nice conversation with a mid-career person looking to buy a business.  He was contemplating using the “search fund” model to find and buy a business.  As a brief background, a search fund is a model where an entrepreneur… Continue reading

Economies of Scale — Fundamentals Through Graphics

The Experience Curve Revisiting fundamental business concepts is helpful.  Old concepts often have new meaning when viewed after new experiences.  Or, as we say at the school where I am a co-owner, “See it with today’s eyes and hear it with today’s ears.” One important,… Continue reading

Enemies of Effective Company Cultures — Ideas from James Heskett

Effective Company Cultures are Vital Building effective company cultures are vital, particularly in success over a long-term and in the creation of  longstanding, defensible moats of competitive advantage.  I enjoy writing about company cultures because they are so important to a company’s success, but also… Continue reading

The Best Business Deals Die Three Times: Wisdom from Buying & Selling Businesses

Business Deal Reality Check “The best business deals die three times,” is sometimes said with the reverence of having been spoken by a person of great wisdom.  This week, I spent days in full-time discussions with a company where we are far along in the… Continue reading

Competitive Advantage, Company Culture, and Simon Sinek

Competitive Advantage as Company Culture A powerful competitive advantage, even though it is intangible, can be built through a unique company culture.  I have seen it in action, and it is powerful.  It works particularly well today because many people prefer to work at a company and make purchases… Continue reading

Make Business Variability Your Friend

Life, nature and business are variable. They rarely travel in straight lines. They are organic. They move up, down, and sideways often on timeframes that you cannot predict or control. Trying to control, manipulate and insulate yourself from these movements can be frustrating and usually… Continue reading