Remove 2013 Remove Finance Remove Letter Remove Management
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CEOs Don’t Care Enough About Capital Allocation

Harvard Business Review

As the chart below shows, only half of the CEOs of companies in the Dow Jones Index have previous experience in corporate finance or strategy. Tellingly, another recent (2013) McKinsey study covering a 20-year period revealed that only 16% of board members understood how their firms created value.

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

Harvard Business Review

I do have a 15-year-old who could not in a million years be bothered to send Apple’s Tim Cook a letter urging him to “meaningfully accelerate and increase the magnitude of share repurchases.” If necessary, write another letter, or a few tweets. billion in 2013, making him the fifth highest-paid fund manager in the land.

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New MBAs Should Start Their Careers in Frontier Markets

Harvard Business Review

For example, I once helped survey US global money managers. Spending time early in your career in a frontier market has a lasting impact on all your subsequent management decisions. Since 2013, BizCorps has placed top MBAs in Columbia and Kenya. We asked them how many companies in Africa make over $100 million annually.

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Social Media Compliance Isn't Fun, But It's Necessary

Harvard Business Review

For highly regulated sectors like finance, social media can be a legal minefield. A recent leaked letter from a New York state securities regulator sanctioned an investment firm for, among other things, failing "to provide sufficient and appropriate training to employees" using Facebook and LinkedIn. This isn't just lip service.

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Study: Employees Want Employers to Talk Politics

Harvard Business Review

From there, 57% say the employer provided information "has led me to directly send a letter to my legislator.". We expect to see more communication from employers to employees in the future ( our 2012 National Pollis set to release in early 2013). And yes, it can be difficult to navigate our nation's evolving campaign finance laws.

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An Executive Pay Witch Hunt

Harvard Business Review

Within three weeks the task force sent letters to hundreds of nonprofit organizations demanding to know what they pay their executives and board members. The letters also warned that "the regulatory agencies involved hold powerful leverage through their ability to cut off financing to groups that fail to comply.".