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The Dangers Of Over-Reliance On High-Level Metrics To Manage A Company - Business Mellows
“It is not enough to be busy. So are the ants. The question is: What are we busy about?” Henry David Thoreau – Letters to Harrison Blake (1848-1861) – The Mechanics Of Identifying ‘Pockets of Value Creation’ The title of this post was borrowed from an article i came across published on McKinsey website “Unearthing the sources of value hiding in your corporate portfolio.” The article provides interesting facts about the dangers of being too focused on specific financial metrics which could hinder company executives from spotting potential sources of Value creation. As an example, the article highlights a common case scenario where a large...Read more