1min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Scott Davis & Rob Wertheimer - Lessons from the Industrial Titans - [Invest Like the Best, EP.324]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

The Importance of a Business System

A business system is really a focusing tool at its best. People might look to a company like Danner, which has absolutely crushed it for decades and say, well, DBS, Danner, business system is what we should emulate. But just having one isn't the full answer. So you can ask anybody at ITW, how do you manage the business? They'll say 80, 20.

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