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How Share-Price Fixation Killed Enron

Harvard Business Review

In December, 2001, just prior to filing for bankruptcy, Enron Corporation had approximately $2 billion in cash and no debt coming due. In a keynote speech , he said Enron went bankrupt because of "decisions" made in October 2001. Were the rating agencies aware of Enron''s oft-maligned financing structures?

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Make Agility Part of Your Process

Harvard Business Review

We believe that organizations need to explicitly develop two parallel management systems: the operational system that manages the short-term execution of work — what we call the "Surface System," and a second system that focuses externally on sensing and driving strategic change — what we call the "Deep System."

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. Earnings quality: Accruals as a share of revenue.

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Nabob and the Coffee Kerfuffle: How the 120-year-old brand managed to maintain its challenger status.

In the CEO Afterlife

The change in management, which included Bell and Powell, meant a big change in how the company would operate in the following decades. It made sense, because we looked at the competition as our well-financed enemy, and so there was no way we could win at the spending war,” says Bell. “So Not just your average quality Joe.

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