Remove Examples Remove Management Remove Payback Period Remove Process
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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

Consider, for example, a surgical patient who starts in the pre-operative area, then moves to the operating room, the post-anesthesia care unit, and the inpatient floor, with occasional side trips for imaging, testing, and physical therapy. This annual process makes it problematic for the department to invest in an innovative technology.

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How GE Stays Young

Harvard Business Review

GE is an icon of management best practices. That includes learning from the outside and striving to adopt certain start-up practices, with a focus on three key management processes: (1) resource allocation that nurtures future businesses, (2) faster-cycle product development, and (3) partnering with start-ups.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. So, investors, and therefore managers, might be adjusting their approach to risk accordingly. Investors are paying more attention to ideas and options than to earnings.

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