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The Rales brothers and newly hired CFO Pat Allender were so impressed by the jump in productivity and quality that they quickly sought to adopt the techniques across all their facilities. They assembled their first-ever meeting of all Danaher executives and had Koenigsaecker present a full business case for the new principles. Thus, the Danaher Production System was born, the predecessor to the more evolved and broader Danaher Business System. Its basic principles, rooted in Lean and continuous improvement, are fundamentally unchanged today.
Lessons From the Titans
Scott Davis, Carter Copeland, and Rob Wertheimer
Meanwhile, the economics of printing books was fundamentally different from the economics of copying by hand. The latter was purely an operational expense: output was strictly determined by the input of labor. The former, though, was mostly a capital expense: first, to construct the printing press, and second, to set the type for a book. The best way to pay for these significant up-front expenses was to produce as many copies of a particular book that could be sold.
Content and Community
stratechery.com
Moloshok kept trying to win over the room. The moment had come, he said, for HBO to establish a direct relationship with its consumers. HBO could control its own destiny. “Everybody in the so-called ‘old guard’ started yelling at me. We can’t do that. It’s terrible. The internet is going to ruin us. Look at AOL!” Moloshok recalls. “I thought they were just going to riot,” Zlotnik says. “They were convinced we were going to sink the entire business.”
It's Not TV
Felix Gillette and John Koblin
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