The Lumpkin Report
With the current downsizing, rightsizing etc. that is happening in American business today, there are a few things that should be remembered by people affected by the changes. I predict that we will look back on this time as one of the stupidest times in the history of management.
Ask anyone, and they'll tell you. There’s a difference between managers and leaders Ask them what that difference is, and they may have a bit more difficulty providing a clear answer. Suddenly the words become amorphous and undefined. Somehow leadership is an...
Norms are standards or rules of conduct to which people conform. Behavior reflects the extent to which people conform to or deviate from the standards. We have all felt the pressure to conform at times.
The theory surrounding the value of an interest in a business depends entirely on the future benefits that will accrue to the owner of it. A business valuation then depends upon an estimate of the future benefits and the required rate of return at which those benefits are discounted back to the date of the valuation.