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July's Leadership Carnival

Michael Lee Stallard

Miller advocates for “management by asking” in her post “ Socrates Was On to Something.” Wally Bock presents Once Upon a Time posted at Three Star Leadership Blog. Miki Saxon presents How to Improve Your Management Skill at MAPping Company Success. Nick McCormick presents Play to People?s

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What Private Equity Investors Think They Do for the Companies They Buy

Harvard Business Review

What have been less explored are the specific actions taken by private equity (PE) fund managers. PE firms typically buy controlling shares of private or public firms, often funded by debt, with the hope of later taking them public or selling them to another company in order to turn a profit. And what do they do once they buy them?

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Is Your Business Biased Against Innovation?

Strategy Driven

Many conventional metrics we use to estimate value are based on faulty assumptions. Net present value [NPV] is a case in point. Companies have long struggled to generate sustained profitable growth – and few have succeeded. How do they do it?

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Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business Review

It includes other aspects such as: how much you enjoy your career, whether it provides fulfillment, how much flexibility you get and how much influence you have over what you do and when you do it. Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. ” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.”

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How Corporate Values Get Hijacked and Misused

Harvard Business Review

Leaders know company value statements often become nothing more than cosmetic window dressing. They reflexively grasp for the culture lever, assuming the act of crafting and publishing a set of values actually has the power to do something. People want their company’s values to be sacrosanct.