...

Profit is yesterday’s result of the day-before-yesterday’s decisions

As a board member and advisor, I often receive financial reports from the companies I work with.

When a company’s profit is below target, my colleagues often ask: “Why did it happen and what have you done to fix it?”

My typical question is “Which part of the system isn’t working?”

If a middle manager sees a problem, they’ll try to fix it.

If an executive notices a problem, they should improve the system.

Today’s problems stem from the day-before-yesterday’s systemic poor decisions.

An executive isn’t a fixer, they are an architect of the system.

Svyatoslav Biryulin

––

Let me introduce my new piece, Strategy Quips. In this booklet, I blended two collections—my strategy jokes and a bunch of my short musings on the same topic.

You can start reading it at any point and in any order. One minute per day is more than enough. I hope this booklet brings you joy and makes you smile. Dowload the booklet for free here: https://sbiryulin.com/free-stuff, no sign-up required.

Wishing you an entertaining read!

Regards, Svyatoslav.

Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.