darwin
Corporate Wealth Creation
Understanding Business, Factories, Technology & Human Capital

 

Introduction, Preliminaries & Starters

Introduction - notes - introduction, before we begin? - where do we start, rhyme & reason? - sense of history, happenings around 1750?  - agriculture, fed up? - international trade, plundered gold? - USA, invented nations?   

wealth creation 

understanding business 

Preliminaries - notes - why wealth, scarcity & choice? - target reader, why you? - author, why me? - thanks, my own work?

background -

1 Economics & Marketing - Markets - Joe or The State?

2 Accountancy & Ownership - plcs - Owners or Producers?

3 Systems & Sructure - Factories - Customers or Bureaucrats?

4 Science & Application - Technology - Practice or Theory?

5 Behaviour & Organisation - Human Capital - People or Profit?

Starters - notes - starters, are you sitting comfortably? - scope, what's it all about then? - theme, golden treads? - structure, identify the vital few? 

scope

theme

structure

The Wealth Machine

Wealth Machines - notes -

creating value

Objective

private profit 

Markets  

supply & demand

nature of profit - Measure of Efficiency - Signal for Resource Allocation - Spur for Progress - Reward for Risk

magic of property

safeguard of competition & choice

individuality of reality

The plc

magic round about - Ideas - Sources of Finance - Cash - Creditors - Stocks - Fixed Assets - Costs - Financial Items - Debtors

margin & speed - Marketing Task

Marketing

specialisation - Market Position 

economies of scale - Competitive Advantage 

customer value

brand positioning

product life cycle

research

advertising

Quality and Service

customers at risk

quality chain

customer service

competitive control

Complications - Market Failure

waste & pollution - No Owners  

cartels - No Competition

poverty - No Money   

planning failure - No Hope

Role of Government - role of government    

Business Accounts

Business Accounts

measuring the flows

Specific Objective

shareholder value

Profit & Loss Account

profit or cash

profit & loss - Profit and Loss Account

prices & revenue

costs & expenses

Balance Sheet

capital or revenue

balancing - Balance Sheet

asset utilisation

financing growth

Cash Flow Statement

equity or debt

cash pool - Cash Flow Statement

overtrading

inflation

cash call

Mergers, Aquisitions and Divestments

mergers or aquisitions

market standing - Price / Earnings Ratio  

divestments

ownership activity

Complications - Trust

caveats - Timing - Asset Valuation - Cost Allocation

information failure

Role of Ownership - role of ownership

Factory

Factory

factory systems

Same Objective

market led factories

Factory Systems

system characteristics

system problems

structure & growth

functions

staff departments

Design

supply

process positioning

technology type

location

capacity

Cost Behaviour

cost & control

cost & volume

cost & complexity

Operating Method

planning & control bureaucracy

real time management

in situ planning - System Objectives

management priorities

'Z' Charts

control system

Complications - Responsiveness

flexibility

backing winners  

bureaucracy failure

The Role of Structure - role of structure

Technology

Technology

microchip revolution

Essential Link

 technology

Latest Technology

microchips

microprocessing

powerful synergy

in situ control

application of science 

dynamic technology

funding    

selection 

structure 

problem solving 

R & D Costs

focus

bureaucracy

timing

People Business

people busines    

selection

training  

motivation 

rewards

Complications - Price of Progress

unemployment

restrictive practices

opt out

science failure

 The Role of Innovation - role of innovation

Human Capital

Human Capital

growing businesses

Profit Objective

profit or people?

Current Situation

enlightened self interest

people system

profit & employees   

problem solving for profit

emerging systems coordinators

Proposed Solution

restructuring organisation

restructuring capital

skin in the game

business driven R&D

delegation & control

Alternatives

bureaucracy

regulaton

Complications -

execution

real time control

market failue

 The Role of People - role of people

 

ROUND UP - The Golden Threads

Simplify
People
Innovate
Customise
Economise
Specialise


The Wealth Machine -  a PowerPoint presentation describing how the machine works and why it works ... this material was originally put together for a business appreciation course for first line managers during the 1980s ... still relevant & necessary for business students?


Don't forget to send me your comments, corrections and critique ... here

 

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