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	<title>Comments on: Royalties: A Philosophical Study</title>
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	<link>http://quartetpress.com/blog/editorial-and-submissions/royalties-a-philosophical-study/</link>
	<description>Required Reading</description>
	<lastBuildDate>Sun, 13 Sep 2009 04:33:16 +0000</lastBuildDate>
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		<title>By: Fran Toolan</title>
		<link>http://quartetpress.com/blog/editorial-and-submissions/royalties-a-philosophical-study/comment-page-1/#comment-151</link>
		<dc:creator>Fran Toolan</dc:creator>
		<pubDate>Fri, 24 Jul 2009 13:30:28 +0000</pubDate>
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		<description>Kassia,

It seems from reading this that your philosophy about royalties can be applied to every aspect of every business.

sweat details; set things up right in the beginning; avoid manual administrative work (except for exceptional situations); trust your systems - but double check them; and taking responsibility are all important aspects of great operational businesses.  Very little in business operations is sexy, but operational excellence is one of the 3 pillars of Market leadership (according to Michael Treacy and fred Wiersema: http://books.google.com/books?id=IBhIRPcAyC8C&amp;dq=discipline+of+Market+leaders+treacy&amp;printsec=frontcover&amp;source=bn&amp;hl=en&amp;ei=xLZpSqnlK6GCtgeNnKi-Cw&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=4)</description>
		<content:encoded><![CDATA[<p>Kassia,</p>
<p>It seems from reading this that your philosophy about royalties can be applied to every aspect of every business.</p>
<p>sweat details; set things up right in the beginning; avoid manual administrative work (except for exceptional situations); trust your systems &#8211; but double check them; and taking responsibility are all important aspects of great operational businesses.  Very little in business operations is sexy, but operational excellence is one of the 3 pillars of Market leadership (according to Michael Treacy and fred Wiersema: <a href="http://books.google.com/books?id=IBhIRPcAyC8C&amp;dq=discipline+of+Market+leaders+treacy&amp;printsec=frontcover&amp;source=bn&amp;hl=en&amp;ei=xLZpSqnlK6GCtgeNnKi-Cw&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=4)" rel="nofollow">http://books.google.com/books?id=IBhIRPcAyC8C&amp;dq=discipline+of+Market+leaders+treacy&amp;printsec=frontcover&amp;source=bn&amp;hl=en&amp;ei=xLZpSqnlK6GCtgeNnKi-Cw&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=4)</a></p>
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