Notes on Growing Wealth in the For-profit Firm 2021

January 2021 will be the beginning of the tenth year of this series of articles on what causes the valuation of the for-profit firm to increase. The topics are not just purely financial and include those plus topics and causes of wealth creation and growth such as competitive strategy formulation, strategy execution, process excellence, innovation, the leadership of strategy, and much more. We are honored that so many people have found our points of view useful for their efforts, whether in industry or consulting. We pledge to try to bring important and interesting topics to you in 2021. Very best regards, Bill Bigler.

The Top Management Team As A High Performance Team Revisited: Needed For Long-Term Value Creation and Growth?

Do we want or need High Performance Teams (HPT) in our VUCA 2021 world? More directly for this article, do Top Management Teams (TMTs) need to be HPTs for long-term value creation and growth? When we view the TMT as a proposed HPT, would we rather want or need them to be the good or useful version of a group of distributed and unconnected powerful “feudal barons and baronesses”. I know this seems ludicrous because teams, and the special version of a team called a HPT, seem to have knee jerk and near universal support that they are a “good” no matter what.

Where Strategy and Finance Intersect- Competitive Advantage Period (CAP) and Executive Processes

This article will be on the technical side. But I think it also presents concepts about competitive strategy, finance and wealth creation that are very important for senior management and strategy and finance professionals. One last point before we begin. I am mindful of the raging debate about shareholder capitalism and stakeholder capitalism. While I am a shareholder value proponent, I need to table this discussion for this article. This debate will not be resolved soon, maybe never. But in the meantime, senior management along with strategy and finance professionals must lead and manage for value and wealth creation, whether enlightened or not.