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The Best of September 2013

Harvard Business Review

Such problems need solutions designed and led by people who can bridge the vastly different cultures, incentives, and jargon separating the three sectors — what Kennedy School professor Joseph Nye has called “tri-sector athletes.â€? Bill Gates is one, and so are Sheryl Sandberg, Bob Hormats, and Hank Paulson.

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Why Your Employees Count as Much as Your Clients

Strategy Driven

For example, in a climate of fear and micromanagement, a sales person might focus on the projected revenue of a prospective client, the anticipated results and closing date that were promised to the boss. Copyright 2007-2013 by StrategyDriven Enterprises, LLC. Many companies like to offer special gifts , a raise, or even paid time off.

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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

2013 had all the signs of being a comeback year for venture capital. Yet 2013 annual industry performance data from Cambridge Associates shows that venture capital continues to underperform the S&P 500, NASDAQ and Russell 2000. This fixed 2% fee structure creates the incentive to accumulate and manage more assets.

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Vacation Policy in Corporate America Is Broken

Harvard Business Review

New research from Shawn Achor, author of The Happiness Advantage , also shows that contrary to conventional wisdom, vacation just might be great for our career , too. American workers already forfeit a large percentage of their existing paid time off (Project Time Off says it was 169 million days in 2013.)

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The Critical Skills for Leading Major Change in America’s Health System

Harvard Business Review

For these leaders — and young people aspiring to careers as health care managers — one very practical question emerges: What are the critical skills for leading major change in our health system? The latter was a project I led after returning to Partners in 2011. They had incentives to do so, but they could easily refuse.

System 8
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3 Ways Tech Companies Are Offering Parental Leave

Harvard Business Review

A 2013 study by Laurie S. This fuels attrition : mothers often leave their employers not because they have lost their career commitment, but because their employers assume they have—and good work dries up. That’s a recipe for losing women who return from maternity leave only to find their careers sidelined.