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July's Leadership Carnival

Michael Lee Stallard

Learn how to get the most out of blogs, books, seminars and other resources, whether the subject is management, leadership or any other self-improvement effort, the process for using the information is the same. Miki Saxon presents How to Improve Your Management Skill at MAPping Company Success. posted at HRmarketer.com Blog.

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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. How can you boost your financial acumen? How do you decide which concepts are most important to understand to your work and your understanding of the business? The Refresher: Net Present Value.

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Why You Should Crowd-Source Your Toughest Investment Decisions

Harvard Business Review

Most companies – including the movie studios in Hollywood – over-rely on basic tools like discounted cash flow and net present value. How to Minimize Your Biases When Making Decisions. But it is possible to significantly improve your odds by understanding which decision-support tools work best for which decisions.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource.

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The Secrets to Building a Lucky Network

Harvard Business Review

Many of the entrepreneurs and business builders we talked to also knew how to create Luck. The net present value and strategic fit of a given relationship or initial introduction in one's Lucky Network might be foggy at best, but unintended benefits often manifest for those who embrace relationships with openness.

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What Xerox PARC Learned About Executing on Open Innovation

Harvard Business Review

Companies knew how to engage a design firm, license IP, and form joint ventures, but few knew how to truly co-develop innovations with external partners, such as PARC. PARC has since learned many more lessons — and is now an industry leader — in how to turn open innovation into a repeatable business model.

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How Corporate Values Get Hijacked and Misused

Harvard Business Review

People are selected, evaluated, and trained on how to embody them. Second, the values drive self-honesty, and when the company fails to live up to them, leaders are the first to admit it. And finally, writing a values statement is used as the start of an ongoing, transformational journey, not the conclusion of one.