Another note - wrote about it some time ago - but heard it again tonight (written last night offline, posted this morning) Westside Connection with "Bow Down", part of the NWA legacy - a dobule cd. Kickin' beats and catchy ref. BOW down - feel the bass, softer each of the three times. Then there is the contrasting views but similar bases of Mack 10 (Only in Cali.) and 2PAC (Cali. Love). Modern classics and sign of the times.
Some random input coming from Norway - a cold place in the winter time hence suitable for thinking a bit...
Wednesday, December 17
Strategic?
Kaplan and Norton (of Balanced Scorecard fame) are moving on - their new new thing is strat map, with a book coming early next year. Interesting Q&A article on their view, and made me think - since it after all "my" subject (did my paper on different methods and framework, spent a couple of years consulting related to it - but not "pure" enough)
"Norton: A strategy map is a model of how an organization creates value." Making a structure - and "maspping" it to other terms, ie level 1 = mision, level 2 = vision... sound a lot like the work by Hax & Majluf (amazon and used by Sloan/MIT) - putting a bigger framework on the varying operational strategies and buzzes
"75 % of a company's value is in intangible assets that cannot be measured by financial systems.
Things like people, data, processes, brand, customer relationships, innovation and culture"
- and how large a share of the total market cap is based on percived and potential future value? Oh yes, you see it every time there is a "warning" issued - stock plunge because the lucky number didn't come up (this time anyway)
...and the sun isn't up yet - dark in winter up north...
"Norton: A strategy map is a model of how an organization creates value." Making a structure - and "maspping" it to other terms, ie level 1 = mision, level 2 = vision... sound a lot like the work by Hax & Majluf (amazon and used by Sloan/MIT) - putting a bigger framework on the varying operational strategies and buzzes
"75 % of a company's value is in intangible assets that cannot be measured by financial systems.
Things like people, data, processes, brand, customer relationships, innovation and culture"
- and how large a share of the total market cap is based on percived and potential future value? Oh yes, you see it every time there is a "warning" issued - stock plunge because the lucky number didn't come up (this time anyway)
...and the sun isn't up yet - dark in winter up north...
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