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Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful

The Horizons Tracker

The author believes that while lower costs of capital would certainly help raise the entrepreneurship rate, it would be most beneficial to entrepreneurs with lower skills. While unemployment spiked in the early months of the pandemic, there has also been a corresponding rise in wages as organizations attempt to lure talent back.

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Desperately Seeking Simplicity

Harvard Business Review

I also heard it in an amazing dinner session led by Daniel Goleman (father of the concept of " Emotional Intelligence ") that probed the attributes that great leaders in the future would need to be successful in complex organizations. We just completed a multi-year study of the root causes of enduring success.

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What Private Equity Investors Think They Do for the Companies They Buy

Harvard Business Review

We also ask questions about the organization of the private equity firms themselves. Rather, they rely on internal rates of return and multiples of invested capital. Furthermore, few PE investors explicitly use the capital asset price model (CAPM) to determine a cost of capital. How PE firms decide to invest.

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What If Companies Managed People as Carefully as They Manage Money?

Harvard Business Review

In contrast, today’s scarcest resource is your human capital, as measured by the time, talent and energy of your workforce. Time, whether measured by hours in a day or days in a career, is finite. For most organizations, only one out of eight employees is inspired. Difference-making talent is also scarce.

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Is Your Business Biased Against Innovation?

Strategy Driven

The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. Your career depended on that business going forward, and the numbers that mattered had to do with the performance of that business, not with Sony as a whole. Take a doctor’s office.