article thumbnail

July's Leadership Carnival

Michael Lee Stallard

Miller advocates for “management by asking” in her post “ Socrates Was On to Something.” Wally Bock presents Once Upon a Time posted at Three Star Leadership Blog. Miki Saxon presents How to Improve Your Management Skill at MAPping Company Success. Nick McCormick presents Play to People?s

article thumbnail

A Simple Ritual for Harried Managers (and Popes)

Harvard Business Review

During seventeen subsequent years there, I was lucky enough to serve as a Managing Director on three continents. The Jesuit Constitutions didn't equip me to do present value calculations. Nor did I know about managing my career by clever networking; Jesuits are constantly cautioned against pursuing self-interested ambition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business Review

It includes other aspects such as: how much you enjoy your career, whether it provides fulfillment, how much flexibility you get and how much influence you have over what you do and when you do it. Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. ” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.”

article thumbnail

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

Harvard Business Review

What have been less explored are the specific actions taken by private equity (PE) fund managers. In a survey of 79 PE firms managing more than $750 billion in capital, we provide granular information on PE managers’ practices and how firms’ strategies relate to the characteristics of their founders.

CAPM 8
article thumbnail

How Corporate Values Get Hijacked and Misused

Harvard Business Review

And finally, writing a values statement is used as the start of an ongoing, transformational journey, not the conclusion of one. When these three conditions aren’t present, values can get hijacked and misused. Without accountability, values become a weapon to punish. Here’s how it happens: 1.

article thumbnail

Is Your Business Biased Against Innovation?

Strategy Driven

Many conventional metrics we use to estimate value are based on faulty assumptions. Net present value [NPV] is a case in point. Yet for the small handful of companies that have managed to drive growth consistently – even through tough times – the payoff is great. How do they do it?