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5 Ways Smart Startup Founders Strategically Manage Operating Capital

Strategy Driven

And with financing being one of the primary reasons startups go under, the right strategy needs to involve improving upon your operating capital. 5 Tips to Strategically Manage Operating Capital Tired of living on the brink? One technique is to capitalize your software development costs. What Is Operating Capital?

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Leading Through Change: 4 Practical Tips To Help Your Team Embrace a New Idea

Let's Grow Leaders

Look for people on your team (including support team members like HR, Finance, and project managers) who really understand what you’re doing. If there’s training involved, consider including your most engaged managers as “leader teachers.” Give them an active role in the change process.

Tips 234
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CMI Highlights

Chartered Management Institute

As the importance of open and honest leadership continues to dominate the media spotlight, I find myself reflecting on how vital relationships are to building a positive working environment, and how important it is for all managers and leaders to develop this skill. Reserved your spot? You can learn more in FE News.

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

Harvard Business Review

Our survey, in fact, showed that early AI adopters have primarily bought the right fit-for-purpose technology solutions, with only a minority of respondents both developing and implementing all AI solutions in-house. Resist the temptation to put technology teams solely in charge of AI initiatives.

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Before You Link Pay to Customer Feedback: Five Essentials

Harvard Business Review

Your CFO and finance team can take a leadership role here. Unless line managers and finance really believe in the link between customer feedback and business outcomes, your incentive system won't last long. The company's managers felt helpless and frustrated. Several managers advocated dropping the system.

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Embracing the Power of Large Language Models: Transforming Finance and Empowering Professionals

The Horizons Tracker

Large Language Models (LLMs) such as ChatGPT are disrupting the finance world, as exemplified by Morgan Stanley’s experimentation with an OpenAI-powered chatbot to assist their financial advisors. As LLMs progressively permeate the finance industry, it is crucial to thoughtfully embrace and adapt to this transformative shift.

Finance 115
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25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business Review

How often are management concepts subjected to recalls by the people who invented them? Management concepts, by contrast, operate in poorly regulated environments where failures are often brushed under boardroom or faculty carpets. Yet poor management systems can jeopardize lives in the air, at sea, on roads or in hospitals.

TBL 15