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How Demand Forecasting Can Boost Business Efficiency

Strategy Driven

Oracles, fortune tellers and soothsayers of all kinds have long claimed to be able to see the course of future events, and they’ve often found a receptive audience in humans who want desperately to know what’s just around the corner. The art of predicting the future is nearly as old as civilization itself.

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The Founder's Dilemma: To Sell or Not to Sell?

Harvard Business Review

You can avoid this issue entirely by investing cannily in assets with long-term value and, thus, extremely long hold periods. A long-term-value-creating mindset tends to create fewer exit timing problems for investors than a short-term-value-capture mindset. Are you trying to value-maximize too much?

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A Business Model for Bangladesh

Harvard Business Review

But producers in many of the newer entrants (such as Bangladesh) tend to be small and highly disaggregated. Over the last years, labor intensive production keeps moving to ever-cheaper countries. By some estimates there are over 4,000 garment factories in Bangladesh alone. Firms like Li and Fung ltd.

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Automation Will Make Us Rethink What a “Job” Really Is

Harvard Business Review

How should companies rethink the value of a job, in terms of increased performance through machine intelligence? Conventional wisdom has long suggested that, as job performance increases, so does the value or return to the company. How long will it take the flying public to get comfortable putting their lives in the hands of a robot?

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Approximately Correct Is Better than Precisely Incorrect

Harvard Business Review

What they should be doing is disaggregating the drivers of these results, and focusing instead on who, or what, comprises those averages. Both groups bring in the same levels of short-term revenue, but focusing on repeat customers lowers the cost of sales and marketing over the long term.

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The Best Investment You'll Ever Make

Harvard Business Review

And now that I was Institutional Investor double-ranked, I decided to reach out to him, and confide in him my long-term dream of moving into senior management. When I'd initially met him two years earlier, he'd seemed quite supportive of my career as a sell-side analyst. The conversation didn't go well.

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The World Needs a DARPA-Style Project to Prevent Pandemics

Harvard Business Review

Because the long-term horizon and trade-offs required to develop scalable responses to pandemic threats are exactly the type of problem too big to be solved by any one sector. And it’s not as effective as it could be, because the money is allocated in a disaggregated manner. Why should the public sector lead the way?