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35 Under 35: Stephanie Niven (Javelin Capital)

First Friday Book Synopsis

Here is an excerpt from a profile of Stephanie Niven written by Cleo Thompson (London), founder of The Gender Blog, for The Glass Hammer, an online community designed for women executives in financial services, law and business.

Hammer 85
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Your Strategic Plans Probably Aren’t Strategic, or Even Plans

Harvard Business Review

It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” But have they produced a plan with a strategy? The problem starts with the word itself — a scarily misunderstood concept in management and board circles.

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Goal Setting vs. Goal Sitting

Chris Brady

Select one (or at the most two), and hammer away at it with all your ability. An action plan might involve joining a health club, working out three to four times a week, and managing your caloric intake. Now, I am not a weight management specialist. Resist this temptation. Focus is the key. Take immediate action.

Goal 134
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My First, Failed Foray into Venture Investing

Harvard Business Review

But because we failed to hammer out exactly how we would operate (including our respective roles and responsibilities), infighting distracted from operating, cash became a concern, and the business slowly, then quickly, imploded. She told me repeatedly: you need to better articulate the business plan, especially the decision-making process.

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

Harvard Business Review

Telecom and financial services are poised to lead the way, with respondents in these sectors planning to increase their AI tech spend by more than 15% a year — seven percentage points higher than the cross-industry average — in the next three years. Believe the hype that AI can potentially boost your top and bottom line.

Survey 11
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Shutting Down Your Business Gracefully

Harvard Business Review

A strong, transparent, and trust-driven culture plays a central role in driving a scale-down decision and in managing the process as the it unfolds. Hammering home the point, the client added, “It’s probably a good time to terminate our contract.” Managing Cash. Home Run Media’s Turning Point.

Media 8
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Designing the Machines That Will Design Strategy

Harvard Business Review

Remember Long-Term Capital Management ? LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners. If all you have is a hammer, then everything will look like a nail. For example, strategies in predictable classical environment require a logic of “analyze, plan, execute.”