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Are CEOs Really Necessary Anymore?

Strategy Driven

Supply chains are linked to these inputs, as is every other variable the CEO needs to be concerned about, from available corporate resources to stock price. As futurist Ray Kurzweil observed in 2005, in the near future, machine intelligence is going to exceed human intelligence. Same for Elon Musk.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. On the finance and deal side, we also felt a strong kinship with Tsai.

Insiders

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Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

This paper by the Richmond Fed shows how from 1960 to 2005, the U.S. New, small entrants into the market will be at pains to form relationships with such firms, and the power imbalance is effectively a monopsony — sell to us at our price, on our invoice terms, or get lost. Economy Entrepreneurship Finance'

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Apple, Don't Weaken the Garden Walls

Harvard Business Review

Well, Burrows was converted to the stores, at least: in a glowing 2005 piece, he professed that Apple had discovered what surely must be the future of retail. Take health care — as a patient, you've got to coordinate the visits, get the prescriptions, keep track of the appointments, figure out the financing, and so on.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.

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Lots of Employees Get Misclassified as Contractors. Here’s Why It Matters

Harvard Business Review

of employment in 2005 to 9.6% These truck drivers, misclassified as independent owner-operators, were forced by companies whom they worked to purchase new vehicles to comply with more stringent emission restrictions. Lacking capital, truckers purchased new vehicles through financing provided by these very same trucking companies.