in the US that flipkart and facebook are valued more than these over a century old business behemoths. What took billions of man hours to build has now been surpassed in value by young turks who took their ideas to fruition in a matter of a few years.
- Every fund manager is made a part owner of the businesses where he is recommending investment.
- 80% and not 20% of the compensation of these deployment managers comes out of the positive cash flows of the businesses.
- Consultants are made to move from the model of ‘all authority and no accountability’ to ‘all authority and all accountability’.
- Consultants, investment bankers, and deployment managers aren’t allowed to ‘hit and run’ at the cost of the investor.
‘change the consultancy model from all authority and no responsibility to all authority and all responsibility’