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Serving on Boards Helps Executives Get Promoted

Harvard Business Review

More than 25 years ago, William Sahlman wrote the HBR article “Why Sane People Shouldn’t Serve on Public Boards,” in which he compared serving on a board to driving without a seatbelt, that it was just too risky—to their time, reputations, and finances—for too little reward.

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Build Your Own All-Star Team

Harvard Business Review

More recently, SpaceX, the rocketry and spacecraft company founded by legendary entrepreneur Elon Musk, developed its Falcon 9 launch vehicle for just over $300 million. over the past 20 years: until 2006, its finances were shaky, and it was losing about a point of market share every year. billion to achieve the same result.

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Spain Is Now Making Ireland's Mistakes

Harvard Business Review

Just like Ireland, Spain had a credit boom financed mostly with external debt, which meant that the balance sheets of their banks are now stuffed with bad debts as asset values collapse. percent over the ten years of the construction bubble, while loans to developers constituted nearly 50 percent of national output by 2007.

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Why GE, Boeing, Lowe’s, and Walmart Are Directly Buying Health Care for Employees

Harvard Business Review

While Medicare has led the development of bundles in the U.S., HDP is a third-party administrator with expertise in the development and management of travel surgery programs, providing strategic and operational management of this program. In late 2012 Geisinger initiated ProvenCare Lumbar Spine.

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McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The company’s executives said that to help finance the plan, McDonald’s would increase refranchising (turning company-owned restaurants into franchises), take on more debt (even at the risk of lowering its bond rating ), and find $300 million to cut in general and administrative expenses. million in 2014 to a high of $12.6

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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. servers.

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Can the "College Premium" Withstand Hyperspecialization?

Harvard Business Review

In The Age of Hyperspecialization (July-August 2011, co-authored by Tom Malone of MIT and Tammy Johns of Manpower), we note that the division of labor, a development that transformed the way physical work was accomplished during the industrial revolution, may now be poised to redefine how knowledge work gets done in the 21st century.