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The IT Project That Brought a Bank to Its Knees

Harvard Business Review

s Co-operative Bank in June 2013. This shortfall resulted in its parent, Co-operative Group, ceding control of the bank to bondholders, including U.S. hedge funds. We continually find that most major transformation initiatives end up being managed as IT projects, with responsibility abdicated to the CIO.

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Design Can Drive Exceptional Returns for Shareholders

Harvard Business Review

Them” were the majority of managers who didn’t get what design was all about in the first place. And with good reason: From Target to Uber, business managers everywhere are starting to understand that the strategic use of design is making a difference in achieving outsized business results. ” Design Strategy'

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

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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. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money. Then Andreessen quit the board. Icahn won that playground tussle. In 2012 it was $1.9

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Universities Are Missing Out on an Explosive Growth Sector: Their Own

Harvard Business Review

One outside manager of many endowments I spoke to confirmed to me that there has been “no mandate” from clients to be investing in the future of higher education. “I Those who manage money for higher education, I propose, need to get much more interested in the market they are in. I haven’t heard that at all,” was the quote.

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Four Keys to Thinking About the Future

Harvard Business Review

Also see psychologist Maria Konnikova’s 2013 Mastermind: How to Think Like Sherlock Holmes. Yet how do you actually do it, when life and livelihood generally depend on operating inside a box? Of course, the wisest among us will always hedge our forecasts with qualifiers such as “will likely” or “is apt to.”

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How Company Culture Shapes Employee Motivation

Harvard Business Review

So most executives manage it according to their intuition. It takes a careful mix of mission, management, and culture. One 2013 study illustrates this well. In one hedge fund, the highest performing portfolio managers had higher total motivation. Insight Center. How to Be a Company That Employees Love.