About Ricky C Y Hsu

Interested in reading all kinds of business books, self-improvement, and technology.

Public Notes


Recent Activity

  • Ricky shared from Future Ready: How to Master Business Forecasting by Steve Morlidge, Steve Player
    But simply discarding budgets can be dangerous, because budgets fulfill at least one purpose that forecasts do not: that of setting constraints and providing direction (i.e. budgets and targets). Without directional guidance and boundaries that define what can and cannot be done, there could be chaos. So we cannot simply eliminate budgets; we need to put something else in their place.
    Note: Why we cannot throw away budgets right away
  • Ricky shared from Graceful by Seth Godin
    Today, right now, safe is risky. Listening to fear is risky. If you avoid all things that you are afraid of, you will become boring, mediocre and ignored. You will have no chance to connect, to make an impact or to do the work that matters. That’s because the only work that matters is work that’s a bit scary. And thus your best friend.
  • Ricky shared from Graceful by Seth Godin
    Make something worth making. Sell something worth talking about. Believe in what you do because you may have to do it for a long time before it catches on. Don’t listen to the first people who give you feedback. Don’t give up. Not for a while, anyway.
  • Ricky shared from Real Numbers: Management Accounting in a Lean Organization by Orest J. Fiume, Jean E. Cunningham
    All performance measures you select should:   Support the company’s strategy Be relatively few in number Be mostly non-financial Be structured to motivate the right behavior Be simple and easy to understand Measure the process, not the people Measure actual results versus goals Not combine measures of different things into a single index Be timely, e.g., weekly, daily or hourly Show trend lines Be visual  
    Note: Attributes of good performance measures
  • Ricky shared from The Icarus Deception: How High Will You Fly? by Seth Godin
    The value we create is directly related to how much valuable information we can produce, how much trust we can earn, and how often we innovate.
(Hong Kong)
Ricky C Y Hsu