How even legendary conglomerator Henry Singleton got caught out by competitive arbitrage at the end of his career.

An answer to a puzzle: why is that some businesses go down the Deming path, become data driven, achieve operational excellence, and die, and others acquire Process Power and win?

A comprehensive summary of W. Edwards Deming's ideas, whose System of Profound Knowledge is one of the most powerful things you'll find on the Operations side of the business expertise triad. Read this, so you don't have to read multiple books to apply his ideas.

Early access to some software we've built to make XmR charts more accessible.

Charlie Munger’s biggest business mistake, and what it tells us about wisdom.

If the most unlikely, most un-businesslike person could become a masterful capital allocator late in her life, then perhaps you could, too.

How Koch Industries became an empire. We draw on ideas from both the Becoming Data Driven series and the Capital Expertise series.

Two examples of operators who were strong on the capital side of the business expertise triad, but weak in just about everything else.

Andy Beal's story is an astounding story of capital allocation, incidentally making him America's richest banker. A guest post by Frederik Gieschen.

A pretty useful lens for when a business activity is easy to measure, and when it is not. Part of the Becoming Data Driven in Business Series.