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Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business Review

ZBB has been around for decades, but is currently enjoying a revival driven by powerful investors like 3G Capital Partners, the force behind the 2015 merger of Kraft Foods and H.J. In another company, commercial discounts was essentially a black box for the finance chief and CEO.

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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business Review

As JPMorgan Chase’s CEO, Jamie Dimon, warned in a June 2015 letter to the bank’s shareholders, “Silicon Valley is coming.” These low-cost and reliable sources of funds are from taxpayer-insured deposits and the Federal Reserve’s discount window. Sometimes David can triumph over Goliath.

Banking 11
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Companies Collect Competitive Intelligence, but Don’t Use It

Harvard Business Review

Internal operational issues including execution, budgets, and deadlines are paramount in a company’s deliberation, but what other players will do is hardly ever in focus. That is, until a crisis forced them to wake up. This “island mentality” is surprisingly prevalent among talented, seasoned managers. .”

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Is Your Supply Chain Ready for the Congestion Crisis?

Harvard Business Review

For instance, the average transit times to move containers from the ports of Los Angeles and Long Beach to Chicago grew from 84 hours at the end of 2004 to 120 hours by early 2015. The Future of Operations. Longer supply chains also increase inventory levels and carrying costs related to financing and warehousing.

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Global Companies Need to Adopt Agile Pricing in Emerging Markets

Harvard Business Review

of those in these markets said that currency volatility posed the greatest material risk to their pricing strategy during 2014 and 2015. It’s also a massive operational challenge because companies are not set up to make very frequent pricing changes, whereas currencies can move hugely overnight. dollars, unable to pay them.

Price 8
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The H-1B Visa Debate, Explained

Harvard Business Review

It has benefited the tech industry enormously, and other sectors, including health care, science, and finance, have also used it to fill gaps in their workforces. ” (A bill was introduced in 2015 to raise the cap and liberalize other rules around H-1Bs, but died in Congress.) But in April, just after U.S. born engineers.