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How Amazon Trained Its Investors to Behave

Harvard Business Review

But what's really going on is that Jeff Bezos has trained elements of the investment community to expect that low profits (or big losses) now represent investments that will eventually pay off, not signs of trouble. With Amazon, though, nobody emphasizes EPS. How has Bezos done this? The biggest holder, by far, is Bezos himself.

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Firms Are Wasting Millions Recruiting on Only a Few Campuses

Harvard Business Review

It’s not just that certain schools are known for excellence in a given field or offer coursework and training relevant to a specific career path. These organizations, also known as elite professional service (EPS) firms, have some of the most well-developed and longstanding on-campus programs. An Expensive Status Quo.

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4 Ways CEOs Can Conquer Short-Termism

Harvard Business Review

The quickest way to spring the short-term trap is to set overly ambitious targets — the kind that make the CEO a hero with investors in the short term, but threaten the long-term plan by, for instance, skimping on scheduled maintenance, cutting R&D investment, and shrinking travel and training budgets.

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