Guest Post: Keeping Your Finances Afloat While Working From Home

Survive Your Promotion

Finances are one of those issues. Where income is the life source of finances while working at home, billing is the vehicle through which that income arrives. photo credit: Jeremy Levine Design.

Effective Handling of Employee Personal Problems is Critical to Maintaining Workforce Efficiency

Strategy Driven

But with empathy and careful planning, successful managers and leaders can minimize the impact of personal problems in the workplace to ensure that your work force remains efficient and that normal productivity is restored as quickly as possible.

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Innovation in Complex Civic Environments

Mills Scofield

While the pace of innovation is driving unprecedented change in the private sector – including communications, finance and even how we eat -- not enough has changed in how communities address education, economic, environmental or public health challenges and opportunities. This guest post is by my friend, Chris Thompson , Director of Regional Engagement for the Fund for Our Economic Future in Cleveland, OH.

How Big Data Brings Marketing and Finance Together

Harvard Business Review

When Raja Rajamannar became CMO of MasterCard Worldwide in 2013, he moved quickly to transform how the credit card giant measures marketing. Rajamannar involved finance early. Once mostly marketing, it’s now equal parts marketing, finance and analytics.

When you’re trying to figure out your right structure

Ron Edmondson

I would like to reorganize for better efficiency. Right now we have assignments for building, music, finance, missions, education and chairman. My reply (Slightly expanded from the original): Steve, I applaud you for thinking about how to be more efficient as a church.

What the Great Fama-Shiller Debate Has Taught Us

Harvard Business Review

I think he got the Nobel nod (instead of somebody like Andy Lo , or Mordechai Kurz , or Roman Frydman ) because he was (1) very early to the game, (2) a macroeconomist (the Nobel people generally seem more comfortable with macro than with finance), and (3) most suited to being shoehorned into a narrative of steady scientific progress. Shiller’s paper was hugely controversial at the time, and if you bring it up with old-guard finance professors they still tend to grumble about it.

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Will the Internet Destroy the Stock Market?

Harvard Business Review

Over the long term, markets are efficient and generally increase in value. On one day — May 17, 2013 — over $100 million changed hands before the rest of the public even knew an event had occurred. Computer networks are working faster and more efficiently than the markets can bear. So long as we do not allow it to be abused, our markets will grow stronger and become more efficient. Finance Internet Technology

How Share-Price Fixation Killed Enron

Harvard Business Review

Enron also owned two "prospective" businesses: Enron Broadband (the first company to offer live video streaming and one that was establishing the largest "cloud storage" system at the time) and Energy Services (providing services to help other companies make their facilities more energy efficient) that weren''t producing earnings but weren''t a significant drain on the company in late 2001 and, at least with hindsight, represented significant opportunities. Ethics Failure Finance

The False Promise of Free Capital Flows

Harvard Business Review

The same ones who lambasted finance as it headed for the borders during crises had often hailed plata dulce , "sweet silver" as the Argentines call it, when it had poured in fueling the good times. If footloose finance is the problem, Mohan and several other authors recommend using "capital controls," albeit cautiously, to limit its flows. In fact, finance generally did just the opposite in the 1990s and 2000s, flowing from those nations to credit-hungry U.S.

Culture, Not Leverage, Made Wall Street Riskier

Harvard Business Review

But leverage limits may have unintended consequences for capital markets’ competitiveness, innovation, growth, and efficiency. Ethics Finance Risk management Over the summer, U.S. regulators announced new rules that would limit the leverage (ratio of debt or assets to equity) that the biggest U.S. banks can use in their business. The reasoning, backed by several respected scholars, is that leverage was a leading cause of the financial crisis.

Do Commodities Speculators Make Things Cost More?

Harvard Business Review

Commodities trading, Adam Smith wrote in 1776 , was a boon to efficiency and a foe to famine. Ethics Finance Global business It was also extremely unpopular, especially in years when harvests were poor (he was writing specifically of trading in corn). The popular odium.

Just How Useless Is the Asset-Management Industry?

Harvard Business Review

The way he purports to show that markets haven''t become more efficient through the years is simply that mutual funds found it just as hard to beat the indexes in 1980 as they do now. Compensation Cutting costs Finance

The Case for Letting Alibaba Ignore Its Shareholders

Harvard Business Review

One is as part of an inevitable progression toward a truly modern corporate form in which shareholders reign supreme and corporate managers efficiently do their bidding. Boards China Finance When the prototype of the modern publicly traded corporation, the Dutch East India Company, was established in 1602, its outside shareholders didn’t have a lot of say in the matter. They were welcome to put in money — and to take it out by selling their shares to others.

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SAC and the Strange Focus on Insider Trading

Harvard Business Review

This activity helped speed the flow of information to financial markets, thus enabling more efficient and accurate pricing of the shares of corporations. Ethics Finance Government Five years after a financial crisis that, as best anybody can tell, had almost nothing to do with insider trading by hedge funds, the two biggest post-crisis criminal crackdowns on the financial sector in the U.S. have centered on. insider trading by hedge funds.

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Sustainability in Financial Services Is Not About Being Green

Harvard Business Review

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. Finance Sustainability SASB

How Amazon Trained Its Investors to Behave

Harvard Business Review

Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory. Finance Innovation StrategyIn March 2000, Barron's reported that 51 Internet companies were burning cash so fast that they'd be broke by the end of the end of the year.

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Intelligent Redesign of Health Care

Harvard Business Review

Project team members with finance expertise contribute by supplying the cost rate for each person and equipment involved in the care processes. The health care industry has survived economically by cross-subsidizing margin shortfalls in one activity with the revenues generated from others.

A Board Director's Perspective on What IT Has to Get Right

Harvard Business Review

I''m often struck by how many articles exclusively focus on new or emerging technology and their productivity or efficiency effects. Improving Operational Efficiency.

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How an Auction Can Identify Your Best Talent

Harvard Business Review

They are less efficient and innovative over time, becoming “complacent giants” because they have to be neither efficient nor innovative to compete in the marketplace. My children go to public school in New York City.

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Global NGOs Spend More on Accounting Than Multinationals

Harvard Business Review

Who, for instance, would have guessed that global NGOs spend nearly 80% more to track their finances and employ nearly twice as many finance staff as comparable for-profit multinationals? Benchmark data isn''t sexy stuff, but occasionally the numbers reveal surprising findings.

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High Speed Rail Versus Austerity

Harvard Business Review

The rapid transport will allow for a more efficient allocation of business activity across space, helping firms to control costs. It''s a "win-win" as the scarce mega city''s land is efficiently used and the secondary cities experience local growth.

Jack Ma on Taking Back China’s Blue Skies

Harvard Business Review

Clearly, this helps producers and consumers, but taken as a whole, society is more efficient and everyone is better off. Despite the incredible transformation China has gone through over the last several decades, we face tremendous challenges going forward.

The Get-Big-Quick Fallacy

Harvard Business Review

If you are a growth-obsessed startup and venture capital financing dries up and buyers grow scarce, you can run out of money. The company''s efficient supply chain made individual transactions profitable, even at low price points.

In Big Companies, Lean Is Only One Piece of the Puzzle

Harvard Business Review

Instead, "Lean" is a mindset that can be applied in any situation — even those that are extremely capital intensive — to test as efficiently as possible, and iterate accordingly.

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The CIO in Crisis: What You Told Us

Harvard Business Review

Historically, people got to the C-suite by progressing up the career ladder in one discipline, moving among multiple companies until they made it to an executive role in finance, sales, etc. Enterprise IT is in crisis — no doubt about it.

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Have a Real Impact; Keep Your Day Job

Harvard Business Review

Matt Ellis at CBRE, a global leader in real estate services, is designing financing structures that will provide capital for clients' energy efficiency initiatives.

Scaling Up Without Losing Your Edge

Harvard Business Review

Without economies of scale, they argued, developing societies would never develop the efficiencies needed to modernize. Although they retain a pro-poor focus, they generate the profits necessary for BRAC to be 70% self-financed in Bangladesh, where BRAC is based. Ruthlessly efficient?

Innovating the Toyota, and YouTube, Way

Harvard Business Review

These investments are more about the development of human capital than finance. For stock exchange personnel, it meant sitting through demos and simulations from a high-frequency, algorithmic trading firm intent on communicating how technology could improve efficiencies and liquidity.

Business Needs to Do What Government Can't

Harvard Business Review

As Ashoka CEO Bill Drayton told us, the ongoing shift in our economies means we must abandon institutions where a few people tell "everyone else how to repeat together efficiently, be it a law firm or an assembly line, a world characterized by a limited and vertical nervous system."

Doing Less, Leading More

Harvard Business Review

We’re fast, we’re efficient, and we do high-quality work. Rather than simply creating more work for junior employees, this emphasis on leading rather than doing resulted in greater efficiencies throughout the company. Our first accomplishments as professionals are usually rooted in our skill as individual contributors. In most fields we add value in the early stages of our careers by getting things done. In a word, we’re doers.

The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

By this logic, there’s no reason to applaud the growing number of graduates from top universities opting for jobs in startups and tech rather than finance. Last quarter , within the dominant “Internet” category, the most venture capital deals were done in the areas of business intelligence and analytics, followed by advertising, HR and workforce management, and customer relationship management — all ways of using the Internet to make other businesses more efficient.

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Smarter Consumer Cost Sharing Using Clinical Nuance

Harvard Business Review

These efforts have addressed the infrastructure, processes, and financing (e.g., Two common clinical examples demonstrate how a clinically nuanced cost sharing approach can improve the outcomes and efficiency of health care. Another example of using clinical nuance to make health plans more efficient is the evidence-based recommendation that individuals with diabetes undergo routine eye examinations.

How to Compete When IT Is Abundant

Harvard Business Review

With the swipe of a credit card, the customer support team can move to Zendesk or Desk.com; the HR team lives on Workday; the business intelligence group moves to GoodData or Domo; the finance team logs into Netsuite; the marketing department orbits around Marketo and Salesforce''s marketing cloud. The cloud enables enterprises to efficiently implement best-of-breed services while serving the varied needs of a business.

Make Agility Part of Your Process

Harvard Business Review

Rational managers for the past thirty years have tightly focused on efficiency, cost cutting, and day-to-day execution — perhaps to a fault. With increasing industry disruption, efficiency is fast becoming of secondary importance to innovation and agility. IBM has 15 enterprise processes that cut across business units and geographies in such areas as sales, marketing, software development, procurement, HR, finance, client-facing IT services, and internal IT support.

Rethinking the Function of Business Functions

Harvard Business Review

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. If a company wants to be better than anyone else, at something relevant to its customers, its specialists must be more efficient, technically proficient, and creative than ever before. Nonetheless, many CEOs and top executives struggle with their functional organizations, and some question whether the established functional model is still relevant.

Is Leadership Development the Answer to Low Employee Engagement? (Yes.)

N2Growth Blog

Research by Gallup, as reported in The State of the American Workplace in 2013, discovered that roughly 70% of workers were disengaged. It’s critical to encourage leaders to embark on an ongoing journey that develops a capacity to lead others effectively, efficiently, and for years to come. Some may be engineers, marketers, finance directors, or salespersons.

Greece in the Balance

Harvard Business Review

It is unable to collect taxes fairly, thus imposing unreasonable tax burdens for the few who work and pay taxes; tax evasion is still rampant; and, perhaps more importantly, the excessive red tape, strong bias for incumbents, and weak competition authorities get in the way of the efficient functioning of the economy. True, to the surprise of many analysts, the prime minister, Antonis Samaras, abandoned his earlier populist rhetoric and tried to sort out public finances.

Does Your Company Have the Right Number of Salespeople?

Harvard Business Review

But when leaders take this conservative growth approach even when there is reasonable certainty of success and available financing, they undersize their sales forces and forfeit opportunity. Often, by shifting coverage of lower-value customer segments to more efficient channels such as telesales, it's possible to improve financial ratios while giving up minimal coverage of market potential. For sales managers, this is not an easy question to answer.

Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit. Finance Small/medium business Technology

Rethinking the Bank Branch in a Digital World

Harvard Business Review

More US bank branches closed in 2013 than ever before. Branches in the US accounted for roughly three-quarters of primary new account openings in 2013. Branches may be fewer in number, but they will be more useful and efficient, and banks without branches are likely to find themselves at a competitive disadvantage. Finance Internet Retail More than 85% of retail banking transactions are now digital.

Don't Abandon Crowdfunding -- Manage It

Harvard Business Review

will not be legalized until 2013). The kinds of start-ups that can most quickly and efficiently attract these funds (and garner the most money per campaign) are, the report goes on to specify, those that offer digital goods like software applications, games, films, and literature. Entrepreneurship FinanceIn the recent HBR article "The Crowdfunding Road to Hell," Daniel Isenberg argues persuasively that crowdfunding — specifically equity crowdfunding — cannot work.

Why Those Guys Won the Economics Nobels

Harvard Business Review

The Swedes had given the award to one guy, Eugene Fama , who is best known for originating something called the efficient market hypothesis, another guy, Robert Shiller , who once called the efficient market hypothesis “one of the most remarkable errors in the history of economic thought,” and a third guy, Lars Peter Hansen , whose work is so dense that even academic economists couldn’t satisfactorily explain it or its connection to Fama and Shiller.

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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

billion in 2013, making him the fifth highest-paid fund manager in the land. In fact, the random walk and efficient market hypotheses were making their way out of the University of Chicago and MIT just as Icahn was getting his start on Wall Street (he went to work as a stockbroker in 1961, and started his own firm in 1968). There is tons of evidence, much of it compiled by the formulator of the efficient market hypothesis, Eugene Fama , that value investing works.

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