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Companies Shouldn’t Wait to Prepare for the Post-Brexit World

Harvard Business Review

The depreciation of sterling has driven up the price of the UK’s import bill by 13% (on average) since the vote, which, if fully passed on, translates into a ~6% drop in disposable income. A critical role of exports is to pay for imports, but even a steep depreciation does not guarantee an improved trade balance.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions.

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The Comprehensive Business Case for Sustainability

Harvard Business Review

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. McKinsey reports that the value at stake from sustainability concerns can be as a high as 70% of earnings before interest, taxes, depreciation, and amortization. billion in mining projects since 2010.

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A Couple Reasons to Smile About

Women on Business

Allows businesses to take a 100% depreciation write-off for investments in certain new business equipment in 2010 and 2011. Review your investment portfolio to identify certain appreciated positions to sell now before taxes potentially increase in 2013. In 2011, workers will pay 4.2%

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Don't Draw the Wrong Lessons from Better Place's Bust

Harvard Business Review

Its approach was the first to align the key actors in the ecosystem in a way that addressed the critical shortcomings — range, resale value, grid capacity — that undermine the electric car as a mass-market proposition. Note to Tesla owners: you are not the mass market). By May 2013 it had sold fewer than 3,000 vehicles.