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Deadly Disease of Management: Emphasis on Short-term Profits

Deming Institute

One of Dr. Deming’s 7 deadly diseases is: Emphasis on short-term profits: short-term thinking. It is easy to focus on short term goals and use a somewhat simple short term figure to measure success. They simply get a letter from me every two years and call me when they wish.

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Is Leadership Development the Answer to Low Employee Engagement? (Yes.)

N2Growth Blog

This White Paper is excerpted and adapted from Ultra Leadership: Go Beyond Usual and Ordinary to Engage Others and Lead Real Change (Giuliano, Lioncrest, 2016). We chase short-term wins. They go after short-term wins and cannot lift their heads high enough to glimpse the future. Where are we? So they don’t.

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Is Your Business a Commodity or a Resource?

Strategy Driven

And while appeasing clients and giving them what they want may be an easy way to earn a living in the short-term, it’s a formula for disaster in the long run. Sutton’s bestselling books include: Start Your Own Corporation , Loopholes of Real Estate , and Finance Your Own Business. Otherwise, you are simply an order-taker.

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Private Equity Can Make Firms More Innovative

Harvard Business Review

Suffice it to say that a 2016 Mitt Romney campaign isn’t being championed on Wall Street. Startups, on the other hand, aren’t debt financed, because they’re too risky and unproven, and have no assets—not so appealing to lenders. Maybe you remember how savagely the industry was portrayed during the 2012 U.S.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

Total investment (internal and external) in AI reached somewhere in the range of $26 billion to $39 billion in 2016, with external investment tripling since 2013. And we expect at least a portion of current AI piloters to fully integrate AI in the near term. Machine learning is a powerful tool, but it’s not right for everything.

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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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How Companies Are Already Using AI

Harvard Business Review

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Yet our research also found that, in the shorter term, these fears may be overblown.

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