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101 Things I Learned in Business School

Leading Blog

B USINESS is not a discipline, but an endeavor made up of disciplines such as accounting, communications, economics, finance, leadership, management, marketing, operations, psychology, sociology, and strategy. A well-written contract defines or explains each term or condition only once. Lesson: Write it Once.

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Capitalism’s Future Is Already Here

Harvard Business Review

Incentives to maximize shareholder value pushed managers toward decisions that paid off in the short term but were devastating to the long term viability of firms. They constitute a coherent constellation of leadership and management practices, as described by more than a score of books.

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American CEOs Should Stop Complaining About Uncertainty

Harvard Business Review

They distinguish short term political winds from long term growth trends, and are prepared to deploy capital based on that distinction. He knows Rwandans and Ivorians will not tolerate a prolonged return to instability now that they have seen sustained growth and food security are within reach.

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Requiring Companies to Disclose Climate Risks Helps Everyone

Harvard Business Review

” In such a case, a firm’s leadership may respond sluggishly to evolving risks. Consider an investment strategy where you short stocks in the food sector during times of drought and purchase food stocks during times of heavy rain. Such firms are less likely to have evaluated their evolving risk exposure.

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3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

This means that many emerging market risks get cut from the senior leadership agenda. The cost of doing business — and especially the cost of local production — would go up, and budget-busting government spending increases would erode long-term business confidence despite short-term stimulus.