tag:blogger.com,1999:blog-8152901575140311047.post7563987261974004993..comments2024-03-28T08:49:51.975-04:00Comments on Musings on Markets: Checks and Balances: Eisner and DisneyAswath Damodaranhttp://www.blogger.com/profile/12021594649672906878noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8152901575140311047.post-32899629642170546772010-09-20T01:51:45.971-04:002010-09-20T01:51:45.971-04:00Great Leaders need honest and frank feedback from ...Great Leaders need honest and frank feedback from a reliable source. To give an example: Former Indian Prime Minister who was always surrounded by sycophants regularly paid visits to Kanchi Sankaracharya and Saint Vinoba Bhave to get candid feedback. This was the secret of her success.GOVIND GADIYARhttps://www.blogger.com/profile/16979167547318466056noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-12328508020481863602010-09-19T10:34:42.936-04:002010-09-19T10:34:42.936-04:00Absolutely. In some firms,such as consulting or se...Absolutely. In some firms,such as consulting or services, human capital may be the entire value of the company.Aswath Damodaranhttps://www.blogger.com/profile/12021594649672906878noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-21086923814894443882010-09-18T15:32:46.685-04:002010-09-18T15:32:46.685-04:00Nice opening paragraph. I'm guessing you coul...Nice opening paragraph. I'm guessing you could do an entire post on book titles.<br /><br />An implication of your post is that human capital can be a significant part of the value of a company. I wonder if the importance of management and even corporate governance varies by industry. Perhaps it is not as important in heavily regulated industries.<br /><br />I also wonder if it is possible to properly value the contribution of management currently, or if it is only possible in hindsight. The conventional wisdom is that Warren Buffet and Steve Jobs are uniquely important to their firms. In Apple's case, Steve Jobs left the firm and then returned, so that may provide a unique opportunity for analysis, although one may argue that a different Steve Jobs returned to the company.Matthttps://www.blogger.com/profile/06284709968484301357noreply@blogger.com