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Everybody Loves Bob – Faster Cheaper Better: The 9 Levers for Transforming How Work Gets Done

Strategy Driven

Suddenly it hit Bob: he hadn’t checked to make sure engineering had included the new wiring diagram in the customer’s shipment that was due to go out first thing in the morning. Hershman and Dr. Michael Hammer. Hershman is the Chief Executive Officer of Hammer and Company. Without the diagram the equipment would be useless.

Hammer 50
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Designing the Machines That Will Design Strategy

Harvard Business Review

Remember Long-Term Capital Management ? LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners. If all you have is a hammer, then everything will look like a nail. But it’s dangerous and naïve to assume that better technology and more data guarantee better outcomes.

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Why Those Guys Won the Economics Nobels

Harvard Business Review

He got his PhD at Yale under Shiller’s supervision in 1984, but since then he has also done a lot of work expanding on Fama’s ideas about risk and return, some of it co-authored with Fama’s son-in-law and University of Chicago finance colleague, John Cochrane. He draws on an engineering literature called robust optimal control.

CAPM 8