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Fixing the Euro Zone and Reducing Inequality, Without Fleecing the Rich

Harvard Business Review

Interest rates of zero meant that central banks took to targeting asset prices – stocks and bonds – to boost spending. It would provide the Fed and Bank of England with a contingency plan should their economies faced renewed shocks. With fiscal remedies on the sidelines, monetary policy had to take up the slack.

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Should Leaders Go on Vacation?

Harvard Business Review

Everyone needs down-time to renew, reenergize, and re-bond with family. Are there continuity, backup, and contingency plans? The "right" amount has been the result of bargaining, without a rationale that makes it clear why vacations are important, not just another entitlement. I think so. Pauses refresh.

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What It Was Like to Be a Manager in Ukraine

Harvard Business Review

We called this bonding “tent time.” Others offered psychological support to employees experiencing breakdowns, developed contingency plans, or found temporary shelter for those whose homes were threatened. Just as critically, we supported each other by spending lots of time together, sharing thoughts, and laughs.

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5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business Review

Think of strategy as a portfolio of options, not bonds. The traditional plan-then-do model treats the value of any strategy like a bond. In a world where the best laid plans can go awry, companies that react quickly and effectively come out on top. Webvan was forced to cease operations by 2001. Create response mechanisms.