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Josh Lerner: An interview by Bob Morris

First Friday Book Synopsis

Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in the Finance and the Entrepreneurial Management Units. Josh Lerner is the Jacob H. He graduated from Yale College and Harvard’s Economics Department.

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Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

Frances Hesselbein – Former CEO, Girl Scouts of America and Peter Drucker Foundation. Jim Kim – 12th President, the World Bank. Former Executive VP and Head of Strategy & Transformation at TMB Bank. Darek Lenart – Senior VP HR, Finance MasterCard. Sean McGrath – Human Resources Vice-President World Bank Group.

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Companies Collect Competitive Intelligence, but Don’t Use It

Harvard Business Review

What Did Peter Drucker Really Say? Peter Drucker is often quoted as coming up with the managerial bromide, “What gets measured gets managed.” Drucker did say, “Work implies not only that somebody is supposed to do the job, but also accountability.” How many reports did the analysts issue?

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Profit Is Less About Good Management than You Think

Harvard Business Review

By contrast, Germany’s Deutsche Bank, which has suffered from years of poor performance, has had three CEOs in the last five years, none of whom has done much to improve performance despite their glittering CVs in the sector. Chicago’s Steve Kaplan’s findings on the difference that managers can make are even more sobering.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. banking assets and as such are “too big to fail”). Economy Finance'

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. banking assets and as such are “too big to fail”). Economy Finance'

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How Companies, Governments, and Nonprofits Can Create Social Change Together

Harvard Business Review

We hear similar ideas in Peter Drucker’s bestseller, The Age of Discontinuity , where he argues that all sectors of society are “affected with the public interest” but must operate in symbiosis, like an orchestra—each playing its own part in collaboration with other institutions.

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