In the May/June issue of Consulting magazine, David Morrison summarizes the tasks of leaders.
- Invest where value is flowing in, which is relatively easy
- Disinvest where value is flowing out, which is difficult because of the human and organizational implications
- Find the next winning business design, which is the most difficult
I’ve had a copy of his article pinned to my bulletin board. This is simple enough for even an engineer like me to understand. To me, this distills what business is all about.