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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images.

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Startups Are Turning Customers into Lobbyists

Harvard Business Review

These have forced AirBnB, Tesla, and Uber to make costly concessions to their operating practices or to exit certain markets altogether. The petition was seen as instrumental in getting the city council to adopt new regulations which permitted Uber to operate legally. How can new firms overcome the regulations that protect incumbents?

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The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business Review

As a practical matter, for example, these changes in the global policy regime are forcing multinational corporations to scale back and sell parts of their international operations. In 2015, Global Trade Alert, an independent trade-monitoring group, cited at least 644 discriminatory trade measures imposed by the G20 economies with the U.S.

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Research: Business School Really Does Influence How Students Make Decisions Later On

Harvard Business Review

corporations from 1985 to 2015. As chief executive from 1972 to 1994, Richard Gelb (HBS, 1950) orchestrated Bristol-Myers’ acquisition of Squibb and transformed the firm from a personal care company to a diversified pharmaceutical giant. firms, and put the brakes on diversification.

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

This isn’t all that surprising given the level of innovation activity in these sectors, but directors operating in similarly disrupted sectors should take note. Just over one-fifth (22%) of boards operating in the IT and telecom industry sought tech expertise when filling their most recent board seat, higher than in any other industry.

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If the SEC Measured CEO Pay Packages Properly, They Would Look Even More Outrageous

Harvard Business Review

On December 7, Portland, Oregon, passed a law that will impose a surcharge on the local business taxes paid by corporations that operate in the city when the CEO’s compensation is 100 times or more the median earnings of the company’s employees. Martin was, however, $193 million in 2014 and $232 million in 2015.

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Even Life-Saving Innovations Don’t Sell Themselves

Harvard Business Review

adults were at risk of developing type 2 diabetes in 2015. When pharmaceutical companies launch a life-saving drug, they regularly spend twice as much on marketing as on the drug development. But even the most needed innovation does not sell itself. Consider that 86 million U.S. That’s one in three people.