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Why So Many Different Loan Types Exist

Strategy Driven

When it comes to business, there’s one thing everyone needs to get started: financing. If you’re not looking to finance a business, getting these small amounts is beneficial. Credit scores dictate what you can and can’t get because of your payback period or payment rate. What about the amount of variance in these things?

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A Refresher on Payback Method

Harvard Business Review

There are a variety of ways to calculate a return on investment (ROI) — net present value , internal rate of return , breakeven — but the simplest is payback period. What is payback period? ” The shorter the payback period, the better. Finance & Accounting Article.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

A second, more radical solution is to create budgets and authority for a service line or integrated practice unit (IPU) that manages a patient’s entire treatment for a high-volume medical condition. The IPU is an essential component of the value-based care model advocated by Harvard Business School’s Michael Porter.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

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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How GE Stays Young

Harvard Business Review

GE is an icon of management best practices. That includes learning from the outside and striving to adopt certain start-up practices, with a focus on three key management processes: (1) resource allocation that nurtures future businesses, (2) faster-cycle product development, and (3) partnering with start-ups.

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How to Better Manage Your Company’s Utility Bills

Harvard Business Review

In general, managing energy bills has traditionally been a pretty low priority for most corporations. Outside the hot topic of who gets to control the thermostat , most managers just want to know that the lights will turn on and the computer servers will not be interrupted. We believe that this view is quickly becoming obsolete.