Return on capital is the benchmark for comparing performance between businesses. But new math is needed when a company's capital intensity is low.
Some companies are learning how to take a more creative approach to mobilizing their resources.
Companies shouldn't confuse the value created by returning cash to shareholders with the value created by actual operational improvements. After all,…
Big corporations must make sweeping organizational changes to get the best from their professionals.
It is difficult, but vital, for managers to strike a balance between the short and long terms.
Rules of thumb from the 1960s and '70s are losing their effectiveness. What's required is a more rigorous approach that treats marketing expenditures…
The forces of globalization, technology, and economic liberalization are combining to make life harder than ever for established companies.
Emotions can drive market behavior in a few short-lived situations. But fundamentals still rule.
Even the best strategy can fail if a corporation doesn't have a cadre of leaders with the right capabilities at the right levels of the organization.
Western companies think too narrowly about the emerging world. If they aren't careful, they may end up as defenders, not attackers.