Ted Black: Pricking the Naspers bubble? Declining Cash ROAM
Instead of tracking the Naspers share price, Ted Black looks at the business through a Cash ROAM (Return on Assets Managed) lens.
Instead of tracking the Naspers share price, Ted Black looks at the business through a Cash ROAM (Return on Assets Managed) lens.
The lack of good management in government is at the heart of everything that’s making South Africa sick. It’s like a loss-making company, says Ted Black.
Ted Black says Rainbow’s critical number is the one that many firms should focus on but don’t attach enough importance to.
Clay Christensen, author of The Innovator’s Dilemma, was nudged into second spot by fellow Harvard Professor and competitiveness expert Michael Porter.
We can learn much from Tesco. It posted a huge loss last year – one of the biggest ever recorded in the UK. Yet, fifteen years ago, early in Sir Terry Leahy’s term as CEO, the firm was an exemplar for the “Lean Management” movement which arose out of Toyota’s production system.
They tend not to show it, but once you get to know them you’ll be surprised at how many of the country’s top executives have deep faith. Some, like Discovery’s Adrian Gore, verge on religiously orthodox. Gore refuses to allow anything to interfere with his Sabbath and makes no secret of that fact. Former Gencor … Read more
In case you haven’t noticed, I love books. And reading. So not surprisingly, my favourite people tend to be those who read a lot. Conversation is so much more interesting when driven by those with views shaped by more than the superficial. Patrick Lawlor is one of those. After doing his time in the financial … Read more