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

Strategy Driven

Keep money set aside for opening new premises, buying new stock, and marketing to new clients. Negotiating power – Being able to pay suppliers upfront can often lead to more favorable terms and discounts. Cash flow from financing. Why Is Cash Flow Important to a Small Business? Common Small Business Cash Flow Problems.

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

Harvard Business Review

And we expect at least a portion of current AI piloters to fully integrate AI in the near term. Thirty percent of early AI adopters in our survey — those using AI at scale or in core processes — say they’ve achieved revenue increases, leveraging AI in efforts to gain market share or expand their products and services.

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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. They like the notion of using experienced improvement experts (internal or external) to drive projects with short ramp-ups and delivery times. Today we're 90% Lean and 10% Six Sigma.

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Shutting Down Your Business Gracefully

Harvard Business Review

Home Run Media, a media agency that helped its clients plan and carry out their marketing strategies, had been operating for more than a decade when a key client in the fantasy sports industry began to grow rapidly, thanks in part to Home Run’s work and to a healthy dose of venture capital that was fueling its growth. He wanted out.

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Why Those Guys Won the Economics Nobels

Harvard Business Review

He got his PhD at Yale under Shiller’s supervision in 1984, but since then he has also done a lot of work expanding on Fama’s ideas about risk and return, some of it co-authored with Fama’s son-in-law and University of Chicago finance colleague, John Cochrane. When the Riksbank Prizes in Economic Sciences (a.k.a. It goes back to the 1970s.

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Should CEOs Get Involved in Politics?

Harvard Business Review

And he sees little reason to expect Congress to pass a long-term solution to the fiscal cliff; instead, he thinks an "irresponsible," short-term "band-aid" solution. But whether European politicians will be able to hammer out a deal. To do otherwise is not just short-sighted, it's an abdication of responsibility.