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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

Should they make a big bet, hedge their position, or just wait and see? We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. When faced with uncertainty, how should leaders react?

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Calculating the Market Value of Leadership

Harvard Business Review

To gain more insights into a specific firm, investors have shown more interest in intangibles like strategy, brand, innovation, systems integration, collaboration, and so on. The leadership ratings index we have developed has two dimensions, or domains: individual and organizational.

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A Remedy for Soaring Executive Pay: Focus Less on It

Harvard Business Review

Given the growing sensitivity to widening income inequality in many developed economies, it is no wonder that criticism of soaring executive pay has intensified. Some countries have been highly innovative in this area. Additionally, in lieu of granting shareholders additional rights to dictate executive pay (e.g.,

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How Blockchain Is Changing Finance

Harvard Business Review

But the solution to this innovation logjam has emerged: blockchain. Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. Menlo Park venture capital firm Andreessen Horowitz joined USV in investing in Polychain Capital , a hedge fund that only buys tokens. Distributed Database.