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The Hidden Costs of Initial Coin Offerings

Harvard Business Review

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Cost 8
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Will Greece Survive the Crisis?

Harvard Business Review

Going forward, I hope that the current experiment in consensus building among the two major parties will succeed and will serve as a prototype for coalition governments in Greece in the future. And voters seem to understand that they face a long period of austerity, volatility, and a substantially lower standard of living.

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What We Learned About Bureaucracy from 7,000 HBR Readers

Harvard Business Review

Interestingly, individuals working in customer service, sales, production, logistics and R&D were more likely to feel that bureaucracy was growing than those working in functions like HR, finance, planning, purchasing, and administration. As you ponder that question, we should note that there was one area of consensus.

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Guidance is Good, Overpriced Shares a Disaster

Harvard Business Review

Baruch Lev teaches accounting and finance at NYU's Stern School of Business. And I couldn't resist following up with an email Q&A: Justin Fox: A lot of smart people have been saying for a while now that public-company executives should put less time and effort into dealing with Wall Street.

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Managing Effectively in a Matrix

Harvard Business Review

Influence and conflict management capabilities help leaders to build consensus around a common purpose and deliver the collaborative solutions that the matrix requires. Give mid-level leaders a chance to take on advisory roles outside of line management in functions such as strategy, HR or finance.

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How Blockchain Is Changing Finance

Harvard Business Review

Second, because it’s centralized, which makes it resistant to change and vulnerable to systems failures and attacks. The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. Third, it’s exclusionary, denying billions of people access to basic financial tools.