article thumbnail

Unexpected Leadership Lessons that Mobsters Can Teach Lawful Leaders

Leading Blog

He is a globally recognized microeconomist and author of seven books and has taught organizational economics, accounting, and finance at the University of Rochester’s Simon Business School for more than forty years. Zimmerman , Ph.D., is the co-author of Relentless: The Forensics of Mobsters; Business Practices.

P&L 325
article thumbnail

Artisans Must Balance the Books

Harvard Business Review

But as soon as they began, the communal power of African extended family system weighed on them. Organizations that move into developing nations to help small technical businesses, must help those businesses manage their finances. People need at least a rudimentary understanding of finance to become good entrepreneurs or artisans.

Books 13
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is HR Too Important to Be Left to HR?

Harvard Business Review

While leaders in most corporate functions naturally try to absorb and demonstrate power, HR diffuses responsibility toward its internal customers because of some major misunderstandings. Thats different in IT, accounting, or finance. Thats different in IT, accounting, or finance. I doubt it. I doubt it.

CIO 15
article thumbnail

Solving the Twin Crises of Energy and Water Scarcity

Harvard Business Review

Powering one 60-watt bulb for 12 hours a day over the course of a year can require 3,000 to 6,000 gallons of water — enough to fill a large tanker truck. Others, including technology and telecommunications companies, are major customers of — and suppliers to — those industries.

Energy 8
article thumbnail

Can African Tech Startups Succeed in a World Dominated by Facebook and Google?

Harvard Business Review

That is the paralysis we are seeing in telecommunications, in e-commerce, and across the broad ICT sector. The promise of voice assistant technologies in local languages could be powered by Google, in this case. African consumers know about the best global products, and local ones are expected to match them on price and quality.

article thumbnail

What Investors Need to Know About Zimbabwe After Mugabe

Harvard Business Review

The situation stabilized somewhat after the government abandoned the Zimbabwean dollar in favor of a multi-currency system in 2009 and entered a power-sharing deal with the opposition party. Mnangagwa’s first actions in office underscore how important he views economic recovery.

article thumbnail

Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

This is the virtual network operator (VNO) model used by the telecommunications sector. Ageas contributes its expertise in insurance product design, marketing, finance, and risk management, while the partner, often a well-embedded local financial institution, contributes its customer portfolio, distribution channel, brand, and relationships.