Category Archives: Finances
Cutting diamonds

In The Diamond Cutter, Michael Roche proposes a simple and very powerful way of dealing with your shortcomings or challenges: find someone with a similar challenge and help them with it, that is, with no immediate thought for your ….»
Business models

Business models! There are a hundred ways to skin a cat. I see businesses of certain kinds, like retailers, folding everywhere. It’s not just bookshops any more, it’s pretty much everyone, any high-street-model-reseller. Once 3D printers come of age, ….»
What you measure is what you get

Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible. – Milton Friedman I ….»
Cash flow

If I’m a business educator and I’m trying to convince you that an MBA is worth two years of your life and AUD60,000, it’s in my interest for you to understand business as complex, difficult and arcane, isn’t it? The ….»
What do accountants count?

We think we make rational economic decisions. We don’t. Our decisions are driven by intangible values of which we may not be aware, or about which we may not care. ‘Radical accountant’ Baruch Lev, along with others, is ….»
After a certain point, money is
meaningless

Just for fun, here are some thoughts from much better heads than ours … A business that makes nothing but money is a poor kind of business. Henry Ford After a certain point money is meaningless. It ceases to ….»
Business Ethics

Business ethics is an important field for Edgeware because it’s in the ‘change the world’ bit of our DNA. You don’t ‘adopt’ ethical practices; you can’t operate without ethics, even if you couldn’t name them and you don’t have a ….»
The Value Proposition

“… The fundamental mission of a business (is) not profit, but value creation. It sees profit as a vital consequence of value creation – a means rather than an end, a result as opposed to a purpose.” Frederick F. Reichheld, ….»