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What Younger Workers Can Learn from Older Workers, and Vice Versa

Harvard Business Review

What we asked people was, at this point in their lives, are they actively building, maintaining, or depleting their tangible and intangible assets? Actively building both tangible and intangible assets is crucial to creating a long and productive working life. What might this look like? How to build diverse networks.

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What It Will Take to Fix HR

Harvard Business Review

Those conditions elevated the work of the finance function to the point that, today, the CFO helps to set the course of business, advancing an organization’s growth and improving its competitive position by identifying and resolving key financial constraints. And HR’s credibility deficit doesn’t help the matter. Bring on the quants.

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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

The superstars tend to be more involved in global flows of trade and finance, more digitally mature, and they dominate the lists of the most valued companies, the most valued brands, the most desirable places to work, and the most innovative companies. counties, which account for 90% of GDP in that sector.

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Profit Is Less About Good Management than You Think

Harvard Business Review

.” Value investors like Graham and Buffett believe that the sources of sustainable returns on capital are not a company’s human assets but their so-called “economic moats,” structural, durable competitive advantages around revenues or costs.

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The Case for Stock Buybacks

Harvard Business Review

Fewer companies would go public, instead financing themselves by taking on more debt. Indeed, the fundamental premise implicit in many buyback critiques — that more investment is good and less investment is bad — violates a basic idea in Finance 101. It takes no skill to simply spend money.

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Investors Today Prefer Companies with Fewer Physical Assets

Harvard Business Review

The health technology and technology services industries are creating highly scalable, and highly desirable, intangible assets. You’ll notice that the finance industry is included in this group as well. As Warren Buffet has said: “The heads of many companies are not skilled at capital allocation.

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How Work Will Change When Most of Us Live to 100

Harvard Business Review

Understandably, there are concerns about what this means for public finances given the associated health and pension challenges. If you factor in the projected rates of technological change, either your skills will become redundant, or your industry obsolete. These challenges are real, and society urgently needs to address them.