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Finance Can Be a Noble Profession (Yes, Really)

Harvard Business Review

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. These are rich questions that do not yield to simple analysis.

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The Most (and Least) Empathetic Companies

Harvard Business Review

Businesses are more profitable and productive when they act ethically, treat their staff well, and communicate better with their customers, according to the latest Lady Geek Global Empathy Index. There is a direct link between empathy and commercial success. compared to weighted average of 5.2% of all the companies in the index). Technology.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

At the end of 2016, Fitch Ratings estimated that all robo-advisors managed under U.S.$100B By almost all accounts, companies at the digital frontier such as Google, Facebook, and Microsoft are investing vast amounts in AI—somewhere between $20 billion and $30 billion alone in 2016. . $5 trillion to U.S. $7 300 billion today.

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

A recent Recode article provides an interesting perspective on the evolution of HR at Uber. By early 2016 there were 20 HR business partners, covering almost 6,000 employees. As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR.

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Research: CEOs with Diverse Networks Create Higher Firm Value

Harvard Business Review

For example, firms with better-connected CEOs can obtain cheaper financing , and firms with well-connected board directors see better performance. Our study , published in the Journal of Corporate Finance, found that CEOs with strong connections to people of different demographic backgrounds and skill sets create higher firm value.

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Your Data Literacy Depends on Understanding the Types of Data and How They’re Captured

Harvard Business Review

First, data science and AI are affecting many industries globally, from healthcare and government to agriculture and finance. To take just one striking example, imagine if there had been a discussion around how to interpret probabilistic models in the run up to the 2016 U.S. presidential election. chance of winning and Trump a 28.6%

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Nabob and the Coffee Kerfuffle: How the 120-year-old brand managed to maintain its challenger status.

In the CEO Afterlife

This article was written by Jennifer Horn for the June 2016 issue of Strategy Magazine. It made sense, because we looked at the competition as our well-financed enemy, and so there was no way we could win at the spending war,” says Bell. “So Nabob, you’re a feisty fella.

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