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How to Build ROPE Teams in Sales Organizations

Leading Blog

Our Inside ROPE teams were comprised of colleagues in our company’s marketing, accounting, finance, engineering, support, purchasing, and other functional units. But the members of your team will be much more likely to go the extra mile if you demonstrate a sincere commitment to helping them succeed in their own careers.

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Why Do Corporations Need A Single Purpose?

Harvard Business Review

As the Harvard Business School's Michael Jensen put the argument in a 2002 article , "Any organization must have a single-valued objective as a precursor to purposeful or rational behavior. The old "efficient markets" idea that stock prices perfectly measure future returns has long been discredited.)

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How Economics PhDs Took Over the Federal Reserve

Harvard Business Review

Yellen, whose first workday as chair ( the Senate confirmed her as “chairman,” but the Fed seems committed to leaving the “man” out ) is today, got her PhD at Yale. He, like Greenspan, believed that the market set a rational price on mortgage securities, so why waste a lot of time parsing balance sheets?

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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

billion as the stock market plummeted, amid a crisis of investor confidence. We have been subjected to the second longest bear market in history, the longest being that of the Great Depression. The stock market is down 25%. Congress enacted the Sarbanes-Oxley Act, corporate reform legislation, in 2002.

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Strategy Lessons From Jean Tirole

Harvard Business Review

The academic study of strategy took a big leap forward in the 1970s when Michael Porter of HBS looked at earlier economic research on industry structure and noticed that market power — which economists wanted to minimize — was the same thing as sustained profitability, which corporate executives wanted to maximize. Corporate finance?

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

Not long after Alan Greenspan stepped down as Federal Reserve chairman in 2006, global financial markets began to unravel. I tried to get Greenspan to talk me for my November HBR article on economics and finance since the crisis , but he said he’d promised his publisher to keep mum until the book was out, which was too late for my purposes.