Global Operation
麦肯锡全球领导力课程：学习周记
McKinsey Global Leadership Course – Learning Journal
|讲座主题 |Lean Operations |
|Lecture topic | |
|课程内容与感悟 |
|Your Takeaways |
|In this lecture, Mr. Gernot Strube together with Mr. Andy Koehler gave us a wonderful speech about how to create value through operation. |
|According to the lecturer, operations performance has major impact on corporate market value. As for Adidas, growth is more value creating |
|than margin expansion: there are 14% increase in value from 1% increase in growth while 11% increase in value from 1% increase in margin. But |
|for JCI, the main lever for value creation is margin expansion. Although difference exists, both two levers are related to the operation |
|performance and we can see that the value of the two firms besides the value from today’s operation, are affected mostly by two elements – |
|value upside from performance improvements and value upside from future growth. So we can draw the conclusion that operational levers are key |
|drivers of company value. In my opinion that is really true because most long-term investors focus on the basic operational performance of a |
|firm when they consider how much the company values and how much they will invest. |
| |
|As for today, companies seems to take
McKinsey Global Leadership Course – Learning Journal
|讲座主题 |Lean Operations |
|Lecture topic | |
|课程内容与感悟 |
|Your Takeaways |
|In this lecture, Mr. Gernot Strube together with Mr. Andy Koehler gave us a wonderful speech about how to create value through operation. |
|According to the lecturer, operations performance has major impact on corporate market value. As for Adidas, growth is more value creating |
|than margin expansion: there are 14% increase in value from 1% increase in growth while 11% increase in value from 1% increase in margin. But |
|for JCI, the main lever for value creation is margin expansion. Although difference exists, both two levers are related to the operation |
|performance and we can see that the value of the two firms besides the value from today’s operation, are affected mostly by two elements – |
|value upside from performance improvements and value upside from future growth. So we can draw the conclusion that operational levers are key |
|drivers of company value. In my opinion that is really true because most long-term investors focus on the basic operational performance of a |
|firm when they consider how much the company values and how much they will invest. |
| |
|As for today, companies seems to take