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Quote: Harvey S. Firestone

17 Apr 2024

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“The growth and development of people is the highest calling of leadership.” – Harvey S. Firestone

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“Building a business - man that's the brass ring: the rules still apply. You can do it faster than ever before and better than ever before, but you still have to build a business.”

"We're making this analogy that AI is the new electricity. Electricity transformed industries: agriculture, transportation, communication, manufacturing."

“Is it perfect? No. Is it as good as my executive team? No. Is it really, really valuable, so valuable that I talk to ChatGPT every single day? Yes.”

Our Spotify #podcast explores the relationship between #return on Net Assets (RONA) and #growth, arguing that both are essential for shareholder value creation. The hosts contend that focusing solely on one metric can be detrimental, and propose a framework for evaluating business portfolios based on their RONA and growth profiles. This approach involves plotting business units on a “market-cap curve” to identify value-accretive and value-destructive segments.

We are #hiring. Know anyone who might be interested?

“Enduring setbacks while maintaining the ability to show others the way to go forward is a true test of leadership.” – Nitin Nohria

“Leaders are visionaries with a poorly developed sense of fear and no concept of the odds against them. – Robert Jarvik

“The world is a mountain, in which your words are echoed back to you.” – Rumi

“Character is the result of two things: Mental attitude and the way we spend our time.” – Elbert Hubbard

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