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

Harvard Business

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. So, the remaining question about being a small firm CEO is the monetary reward; if the money is nearly the same, then the compensation as a small business CEO dominates other careers. Entrepreneurship Career planning Digital ArticleHBR STAFF.

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July's Leadership Carnival

Michael Lee Stallard

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. Managers can’t let fear rule their decision making – Sharlyn Lauby presents Handling Workplace Retaliation posted at HR Bartender. Mary Jo Asmus presents 7 Ways to Enjoy Others at Work posted at Aspire-CS. Steve Roesler presents Want to Influence?

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

Harvard Business

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.” The Refresher: Net Present Value. “Think of yourself as a miniature profit and loss statement: How do you add value?”

How Corporate Values Get Hijacked and Misused

Harvard Business

Leaders know company value statements often become nothing more than cosmetic window dressing. They reflexively grasp for the culture lever, assuming the act of crafting and publishing a set of values actually has the power to do something. People want their company’s values to be sacrosanct. The painful result of widespread misuse of company values, according to one major study , is that only 23% of U.S. Without accountability, values become a weapon to punish.

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

Harvard Business Review

” PE firms typically take three types of value increasing actions — financial engineering, governance engineering, and operational engineering. These value-increasing actions are not necessarily mutually exclusive, but it is likely that certain firms emphasize some of the actions more than others. (We In operational engineering, PE firms develop industry and operating expertise that they bring to bear to add value to their portfolio companies.

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A Simple Ritual for Harried Managers (and Popes)

Harvard Business Review

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. (I Call to mind some crucial personal objective, or your deepest sense of purpose, or the values you stand for. Pope Francis and I have something common. He was a Jesuit seminarian; so was I. He eventually became a Jesuit superior, bishop, and now Pope.

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. For instance, intelligent failures can add more value than predictable successes, and low-cost experimentation trumps analysis. The authors then show how to best execute specific initiatives, test major project assumptions, and develop a culture that values disciplined experimentation and learning over meeting mindless and unrealistic goals.

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