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New MBAs Should Start Their Careers in Frontier Markets

Harvard Business Review

Most Western executives have limited exposure to a frontier market until they are relatively senior in their careers. By then their worldviews are largely formed, and at best they graft frontier market experiences onto that mature-market base. At worst, they misjudge or simply stay out of markets vastly different from their own.

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CEOs Don’t Care Enough About Capital Allocation

Harvard Business Review

Looking at the resumes of current CEOs across developed markets suggests that the answer may be that many lack training in the skills of investment analysis. 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.

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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.” He is no Jim Simons , using his mathematical genius to outsmart the market in (to an outsider) incomprehensible ways. Wait a while.

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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. Employees, particularly those in the sales and marketing functions, need to know the rules of the road," Langford says. Employees, particularly those in the sales and marketing functions, need to know the rules of the road," Langford says.

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Study: Employees Want Employers to Talk Politics

Harvard Business Review

In the 2011-2012 Market Research Report for BIPAC , performed by Moore Information, Inc., 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).

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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

In this letter, I’d like to explain more fully why I view the $51 billion already spent by Apple on open market (including accelerated) share repurchases under your leadership as a major misallocation of resources for both the company and the U.S. But they stand in opposition to Mr. Icahn’s determination to tear that model apart.

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Why We Build Fiscal Cliffs

Harvard Business Review

The then-sainted Alan Greenspan had given them ample cover, by expressing concerns that surpluses might eventually kill the bond market. So now, in 2013, they're all due to expire. After that the Bush administration and a Republican-majority Congress decided in 2001 to effectively set paygo aside. So can pre-commitment work again now?