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Social Media Demystified

N2Growth Blog

Blogging since 2002, being actively involved in digital marketing since the early 90′s, and being online since the days of the ARPANET I have a bit of history with most things digital. Here's the short version: "A person can't be best friends with 2,000 people. link] Allan W. link] Allan W.

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What GE’s Board Could Have Done Differently

Harvard Business Review

The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. As I have explained elsewhere , a finance committee is critical for a board in complex public companies like GE, which are involved in a broad range of retirement plans, stock buybacks, and large acquisitions.

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Why Do Corporations Need A Single Purpose?

Harvard Business Review

As the Harvard Business School's Michael Jensen put the argument in a 2002 article , "Any organization must have a single-valued objective as a precursor to purposeful or rational behavior. Some want to hold their shares for only a short time and care only about tomorrow's stock price.

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Bill Ackman Is Just Doing God's Work

Harvard Business Review

Ackman''s short-selling campaign against vitamin distributor Herbalife has blown up in his face, with the company''s stock up more than 75% since he unveiled his position last December and some of his most prominent hedge fund competitors profiting from his misery. Hedge funds are often criticized as short-term speculators.

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The (Postponed) End of the Dollar Era

Harvard Business Review

is a big shortfall — one that takes hundreds of billions of dollars of new foreign capital every year to finance — and the gap shows no signs of shrinking further. Treasuries, the dollar has been on a downward trend in international currency markets since 2002. has terms imposed on it by creditor nations such as China.

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How's That Shareholdery-Valuey Stuff Working Out for Ya?

Harvard Business Review

But as we've learned since, focusing on shareholder value can be an excuse for lots of short-sighted, destructive behavior. Somewhat ironically, most of these scholars still use long-term return to shareholders as their main measure of corporate success. They're a metric, not a goal.

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The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. In short, the age of Post-Western globalization is upon us. But rules affect profits and long-term sustainability.