Harvard Business Review
MAY 13, 2014
In 2009, GE’s transportation unit developed a new sodium battery for a hybrid engine for locomotives. People in finance at GE, typically focused on return on investment and payback periods, love FastWorks because they get a better throughput of ideas. Partnering: getting ideas from start-ups.
Harvard Business Review
JUNE 8, 2018
Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.
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