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What Investors Need to Know About Zimbabwe After Mugabe

Harvard Business Review

After Mugabe claimed victory in a disputed election in 2013, however, corruption increased , while the strengthening U.S. Zimbabwe’s largest telecommunication company Econet Wireless has found success with its online payment platform that helps Zimbabweans manage the challenges of its multi-currency system.

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What’s That You’re Calling a Bubble?

Harvard Business Review

Fama is convinced that financial bubbles don’t exist, and until the dot-com era he was able to keep most of his colleagues in academic finance from even using the word “bubble.” There has been only one widely accepted and durable “model of asset price determination” for stock, bonds, and the like.

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What It Will Take to Change the Culture of Wall Street

Harvard Business Review

The dissertation became a book, titled What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences (HBR Press, 2013). And what happened to the compensation of the typical JP Morgan managing director? Each managing director was financially interdependent with every other.

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Scaling Up is a Problem of Both More and Less

Harvard Business Review

When an organization is small enough that each member can have a personal relationship with every other, or at least recognize their faces and names, gathering everyone for regular meetings strengthens social bonds and bolsters the feeling that “we are one company.” Sales doubled in 2013. Entrepreneurship Strategy Time management'

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The Rebirth of the CMO

Harvard Business Review

This diversity reflects not only a deepening understanding of the connection between growth and customer satisfaction, but a much greater awareness of what marketing can do to help forge that bond. That helped account managers focus their pitch on the client’s business issues and build rapport. That bottom line sensibility is crucial.

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McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The company’s executives said that to help finance the plan, McDonald’s would increase refranchising (turning company-owned restaurants into franchises), take on more debt (even at the risk of lowering its bond rating ), and find $300 million to cut in general and administrative expenses.

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Why Those Guys Won the Economics Nobels

Harvard Business Review

He got his PhD at Yale under Shiller’s supervision in 1984, but since then he has also done a lot of work expanding on Fama’s ideas about risk and return, some of it co-authored with Fama’s son-in-law and University of Chicago finance colleague, John Cochrane. And that’s what these guys [the 2013 Nobel winners] did.

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