O'Reilly logo

Strategic IQ: Creating Smarter Corporations by John Wells

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

2.2

SMART ASSET MANAGEMENT

Introduction

Businesses buy and build assets to secure a future return, investing today to generate profits tomorrow. This raises two fundamental issues. What happens if firms don't invest sufficiently in their asset base? Even though their short-term performance may look excellent, their long-term sustainability is at risk. This is “stealing from the balance sheet”. If they continue with this behaviour, they will reach a point where they can no longer afford to repair their damaged asset base and then they will fail. Companies committed to smart asset management identify the assets critical to long-term success and nurture them whatever the short-term challenges.

The second issue created by up-front investments is ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required