The 3 R’s in Business: ROI, ROR, and ROA.

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Comments

[K. Todd Storch]

Rosa,

Fantastic post. It is this type of reading in the morning that makes me more sharp for my day.

Thank you for the perspective and challenge.

Todd

[Yvonne DiVita]

As usual, I learned something new today. I had glanced over this post when you originally wrote it, but meant to come back to it, some other time. Meant to's are like "round to its" they never happen. So glad you submitted it to the Carnival. Now, I can digest appropriately and move forward confidently.

[Bob]

I would agree that, presently, it is relationships and politics that are key to corporate success and survival.

But care must be taken when this idea is taken too far and you end up with a large group of politicians running the company.

As the domestic and global financial crisis continues to unfold, it may well be that those companies with leadership that is too heavily based on salesmanship, corporate cheer leading, and politics will fail to "make the cut" or weather the storm if you will.

For example, consider the sub-prime mortgage mess, we are still embroiled in. It's probably safe to say that there were too many corporate "yes men" and not enough people asking the tough questions, stepping on toes, and insisting on execution of due-diligence procedures that were designed to avoid such catastrophic results.

Innovative, hard working, and goal driven performers may be poised to make a come back. And these people may be tiring of corporate cheerleaders and politicians stepping in to grab the rewards and glory.

When negative connotations no longer attach to age old cliches such as "It's not what you know but who you know that counts" but rather are reinterpreted and presenting as the benefits of "personal networking", surely a price will be paid somewhere down the road.