Programmed To Fail - 9. Cost Acquisition Talk podcast

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Government Acquisition Talk Eric Lofgren

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Programmed to Fail - 9. Cost

1+ y ago 1:09:15

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Indhold leveret af Acquisition Talk and Eric Lofgren. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Acquisition Talk and Eric Lofgren eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode of Programmed to Fail, we explore how accounting costs do not reveal the value being generated in the production process and cannot be used, on their own, as a guide for specific choices. Cost is not an objective reality, particularly to those who know the vagaries of cost accounting. Instead, our view of cost depends on subjective use value and is related to the term opportunity cost, or the next-best choice foregone. This chapter reveals that for defense acquisition to truly understand weapons value and leverage the power of commercial markets, it needs to shift away from its obsession with financial metrics. This podcast was produced by Eric Lofgren. You can follow me on Twitter @AcqTalk and find more information at https://AcquisitionTalk.com

… continue reading

166 episoder

#Government #Acquisition Talk #Eric Lofgren

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Programmed to Fail - 9. Cost

Acquisition Talk

published 1+ y ago

Del

MP3•Episode hjem

Indhold leveret af Acquisition Talk and Eric Lofgren. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Acquisition Talk and Eric Lofgren eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode of Programmed to Fail, we explore how accounting costs do not reveal the value being generated in the production process and cannot be used, on their own, as a guide for specific choices. Cost is not an objective reality, particularly to those who know the vagaries of cost accounting. Instead, our view of cost depends on subjective use value and is related to the term opportunity cost, or the next-best choice foregone. This chapter reveals that for defense acquisition to truly understand weapons value and leverage the power of commercial markets, it needs to shift away from its obsession with financial metrics. This podcast was produced by Eric Lofgren. You can follow me on Twitter @AcqTalk and find more information at https://AcquisitionTalk.com

… continue reading

166 episoder

#Government #Acquisition Talk #Eric Lofgren

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