Monday, May 14, 2007

Business Value: Some useful links...

Here are some related links you may find useful...

Marco Abis sent me these links:
http://www.mythodology.com/why-business-acumen

I like these principles of Lean, especially the first one, about specifying value:
http://www.lean.org/WhatsLean/Principles.cfm#specify

And I like this HBR article by Womack and Jones on Lean Consumption:
http://custom.hbsp.com/b01/en/implicit/custom.jhtml?pr=LEANER0503C2005030462
See what they call the 6 principles of lean consumption. I call 'em a pretty good summary of what people want.

You need to know about Net Present Value. Here's a start. Don't forget the shareholders. They are people too. As are other capital providers.

You need to know about Peter Drucker. Here's a start. See the last bullet in the list of basic ideas. The first phrase was revolutionary in America at the time.

You may also wish to review the first principle of agile, here.

"THERE IS AN OLD SAYING in the media business (at times attributed to David Ogilvy) that your most important assets go down the elevator each night." See here. Don't forget the workers either (and that includes the managers too). Without their many capabilities, nothing would be created.


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