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America’s Most Productive Companies 2011

First Friday Book Synopsis

I have signed up to receive email alerts from Profiles International, a firm that offers assessment solutions that enable organizations to select the right people and ?develop develop them to their full potential, including pre-screening, job matching, onboarding, managing performance, and maximizing potential.

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11 Ideas for Economic Recovery

Strategy Driven

For Southwest Airlines, it was about how they could maintain the current schedule with fewer planes. One Canadian bank applied this thinking to bounced checks. People and businesses are looking for opportunities. What kinds of opportunities? It starts by creating a culture that encourages employees to do what’s right for the customer.

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I'm Afraid Bankers Really Do Earn Their Bonuses

Harvard Business Review

Investment banks like GS reward their employees by reserving between 40 to 50 percent of net revenues for compensation. According to the annual returns from GS in 2011, this came in at just over $12 billion or 42 percent of net revenues. So what does explain that differential?

ROIC 8
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Use Jugaad to Innovate Faster, Cheaper, Better

Harvard Business Review

We recently attended the World Economic Forum's India Economic Summit 2011 in Mumbai, where we moderated several panels and workshops on the topic of innovation. For instance, YES Bank , one of India's leading private banks, has deployed a mobile payment solution that enables money transfer via cellphones without the need for a bank account.

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When a Simple Rule of Thumb Beats a Fancy Algorithm

Harvard Business Review

This work is still ongoing, but in 2011 Gigerenzer and his colleague Wolfgang Gassmaier wrote that heuristics are likely to do well in an environment with moderate to high uncertainty and moderate to high redundancy (that is, the different data series available are correlated with each another). What they found surprised them.

Simon 11
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When a Simple Rule of Thumb Beats a Fancy Algorithm

Harvard Business Review

This work is still ongoing, but in 2011 Gigerenzer and his colleague Wolfgang Gassmaier wrote that heuristics are likely to do well in an environment with moderate to high uncertainty and moderate to high redundancy (that is, the different data series available are correlated with each another). What they found surprised them.

Simon 8
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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

Sweeping reforms by Wall Street and the Securities & Exchange Commission (SEC) are needed, forcing firms to separate their investment banking business from their stock advisory business. Airlines say that delays caused by air traffic controllers cost them a combined $4 billion per year. Cargo theft costs the U.S. Yet, only 5.1%

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