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5 Tips to Manage Your Finances Before a Recession

Strategy Driven

Here are five tactics to make your finances recession-proof: 1. And developing a frugal lifestyle requires practice; it does not happen overnight. Hedge Your Income Sources. When you have multiple income sources in a recession, it helps hedge your earnings and diversifies your risk of losses from a particular source of income.

Finance 99
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Bill Ackman Is Just Doing God's Work

Harvard Business Review

Everybody has been piling on to hedge fund manager Bill Ackman lately. Ackman''s short-selling campaign against vitamin distributor Herbalife has blown up in his face, with the company''s stock up more than 75% since he unveiled his position last December and some of his most prominent hedge fund competitors profiting from his misery.

Hedge 8
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A 6-Part Tool for Ranking and Assessing Risks

Harvard Business Review

But sometimes war tactics really can help in business. Among these tactics is CARVER, a system for assessing and ranking threats and opportunities. To consider another example, say a hedge fund is looking to acquire a tech company that claims to have a leading-edge technology.

Tools 11
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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

It is the responsibility of executive leadership to set the tone for great teamwork by putting forth a clearly articulated vision, and then aligning every aspect of strategic and tactical decisioning with said vision.

Consensus 333
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Pushing Employees to Go the Extra Mile Can Be Counterproductive

Harvard Business Review

Developing Tomorrow’s Leaders. Good acts build up credits which act as a hedge against the debits of future bad acts. Instead, reassess your motivational tactics (and be sure to retrain managers to be mindful of the pressure they are applying). Insight Center. Sponsored by Korn Ferry. How talent management is changing.

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3 Ways Your Online Side Gig Can Earn Customers’ Trust

Harvard Business Review

I was intrigued by these stories because Internet marketers are often derided by critics due to some practitioners’ scammy tactics. Vowing never to let that happen again, he developed an innovation that’s become standard in the online course development world: launching small pilot offerings first.

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Great Innovators Create the Future, Manage the Present, and Selectively Forget the Past

Harvard Business Review

To deal with this problem, over the course of thirty-five years of working with and doing research in corporations around the world, I have developed a simple, practical framework that recognizes all three competing challenges managers face when leading innovation. • Good Box 3 hedging strategies are important. Potato Head, G.I.