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Profit Is Less About Good Management than You Think

Harvard Business Review

Chicago’s Steve Kaplan’s findings on the difference that managers can make are even more sobering. He studied the relative importance of management teams in 106 venture capital-financed firms from early business plan to IPO. So is there something different about the managers who do succeed?

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How to Use Uncertainty and Surprise for Breakthroughs

LDRLB

Big visions, carefully crafted strategies, and detailed plans are signs of great leadership. Some companies and leaders have experienced the inherent value of uncertainty and surprise, and actually use it to out-innovate the competition: Intuit’s flagship product was Quicken, the leading software program for managing home finances.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

The HBS team has been using Time-Driven Activity-Based Costing (TDABC), an approach initially proposed by one of us (Bob Kaplan) and Michael Porter, to help providers pursue the value-based delivery of care. One of the team’s central findings is that TDABC cannot be delegated to the finance function.

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