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To Win the Game, You Have to Play

First Friday Book Synopsis

Here is an excerpt from an article contributed by Lynne Morton, President, Performance Improvement Solutions) to the Glass Hammer, an online community designed for women executives in financial services, law and business. Visit us daily to discover issues that matter, share experiences, and plan networking, your career and your life.”

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Everybody Loves Bob – Faster Cheaper Better: The 9 Levers for Transforming How Work Gets Done

Strategy Driven

Faster Cheaper Better : The 9 Levers for Transforming How Work Gets Done by Lisa W. Hershman and Dr. Michael Hammer. How to start measuring the factors that are most critical to the success of the business and identify the metrics that express them. Hershman is the Chief Executive Officer of Hammer and Company.

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Small Business Cash Flow Management: Why It’s Important and How to Deal With Problems

Strategy Driven

Small businesses that fail to do this can get hammered by unforeseen costs, go into steep debt, and potentially close completely. Cash flow from financing. Not holding enough reserves – You should always aim to have cash in the bank to cover at least three to six months of expenses. Increase in accounts receivable. Notes payable.

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Balancing Push and Pull Approaches to Improvement

Harvard Business Review

An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers. can often have a superior attitude and be zealots with a hammer, so that everything looks like a nail. Consider the competition between push and pull camps in a major oil company.

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

Harvard Business Review

While it’s clear that CEOs need to consider AI’s business implications, the technology’s nascence in business settings makes it less clear how to profitably employ it. Resist the temptation to put technology teams solely in charge of AI initiatives.

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Case Study: When Two Leaders on the Senior Team Hate Each Other

Harvard Business Review

After all, sales and finance were often at odds in organizations, and the conflict hadn’t had a big impact on Barker’s revenues. Later that afternoon, at the end of a regular meeting with the finance team, Lance asked Damon to stay behind. “No one really knows how to have a productive fight at work.

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Shutting Down Your Business Gracefully

Harvard Business Review

Much has been written about how to grow a business. Thus, a far more common challenge is that of scaling down : How to gracefully scale down and close a business – with your reputation, trust, and dignity intact – and live build another business, in another arena, on another day. He wanted out. Making the Decision.

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