Remove Balanced Scorecard Remove Management Remove Metrics Remove Technology
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Performance Measurement

Strategy Driven

We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out.

ROIC 62
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8 Reasons Companies Don’t Capture More Value

Harvard Business Review

One typical reason is that top executives haven’t managed to clarify something even more fundamental: how much priority they place on increasing profit margins. But in truth businesses rarely focus on only profitability; most strive to satisfy various stakeholders and meet the goals of balanced scorecards. Why is it that?

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On Creative Accounting: Two Creativity Myths

Harvard Business Review

Say that in a roomful of managers, and you get nervous laughter. Hitler's human extermination empire was quite new in its scope, organization, and technology. Consider " The Balanced Scorecard." "Creative accounting" is really bad. Except when it's good. And it quite effectively served its murderous goal.

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Big Data Doesn't Work if You Ignore the Small Things that Matter

Harvard Business Review

Companies would do better at satisfying and retaining customers if they spent less time worrying about big data and more time making good use of "small data" — already-available information from simple technology solutions — to become more flexible, informative, and helpful. But don't expect an easy payoff.

CAPEX 15
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Making Hospital Partnerships Work

Harvard Business Review

The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology. Many of them want to share responsibility in how the hospital is managed.