“Soft” assets like brand and software are typically (but not always) created by investing through the income statement where the investment in the assets is expensed rather than capitalised as an intangible asset. This concept is widespread in investing and well understood. What I find really interesting is how this plays out in the explicit …
A challenging task in management is achieving team alignment during a transition. In both fast- and slow-moving businesses, change can be punishing and it is hard to redirect energy to new problems and keep teams engaged in the process. Fast-moving businesses change too fast for comfort with the pace, and slow-moving organisations make people too …