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3 Ways to Confront Economic Adversity in 2011

Coaching Tip

Bottom line, the American economy is multi-faceted, robust and resilient. Nothing has ever been able to keep it down for long, and nothing ever will, if we are patient and allow our economy the time to heal itself through the virtues of the free-market system. . Deregulation. Entrepreneurship.

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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

These firms make up two thirds of global corporate pretax earnings (EBTDA) and revenues. We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value. Superstar firms create 1.6

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Big Pharma's Hidden Business Model and How Your Company Funds It

Harvard Business Review

The study assembles considerable evidence about the hidden business model of major pharmaceutical companies: to devote most of their research budget to developing hundreds of drugs that provide few if any advantages over existing drugs and then market them heavily to doctors and patients. At Harvard's Edmond J.

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The First Step to Fixing U.S. Manufacturing

Harvard Business Review

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. As a group, the largest U.S. In some instances, the end results were firm closures and lost jobs.

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Government Alone Can’t Solve Society’s Biggest Problems

Harvard Business Review

Thinking beyond the bottom line was considered unfocused or, even worse, a disservice to shareholders. Previously untapped markets drive financial returns. In these solution markets, businesses, social entrepreneurs, nonprofits, and multinational companies compete, coordinate, and collaborate to solve megaproblems.

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Overcome Resistance to Change by Enlisting the Right People

Harvard Business Review

The secret to changing an organization is to understand the fundamental units that make up the social system — these local tribes — and to invert the change process so that tribes own the change. A heavy manufacturing company was facing a downturn in its markets and the potential of sizable layoffs.

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Get Ready for the New Era of Global Manufacturing

Harvard Business Review

First we see major shifts in demand: developing economies such as China and India are morphing from the world's source of low-cost manufacturing capacity to the world's best market opportunities. Pharmaceutical companies are mastering bio-engineering techniques that will help develop personalized medicines.