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

Harvard Business Review

Next time you're deciding about a big investment, NPV can help you make a more informed decision. Your goal is to develop a deep understanding of the precise “link between profit and loss” and how that affects your organization’s performance over time, says Knight. Related Video. The Refresher: Net Present Value.

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Life's Long Cruise? Planning for a Second "Me" Career

Harvard Business Review

We should be thinking of new skills we'd like to learn, education yet to be pursued. Even modest continued earnings dramatically change the NPV calculation. Rarely do I encounter someone who gives me a big answer — goals that could fill 30 years. But financial issues are only part of the need for a big answer.

Career 11
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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

Next time you're deciding about a big investment, NPV can help you make a more informed decision. In our experience, companies still focus more on cutting costs than on developing and executing new growth strategies. Related Video. The Refresher: Net Present Value.

ROE 14
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Reflecting on David Garvin’s Imprint on Management

Harvard Business Review

Garvin was a generalist more than a specialist, perhaps because he came of age at HBS during the 1980s, when the school’s primary focus was the development of skilled general managers. One of the many articles circling back to this topic of late revisited the still-common use of NPV hurdles in investment decisions.)