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Why Family Businesses Come Roaring out of Recessions

Harvard Business Review

Some studies (see here or here ) have shown that during periods of economic growth, family-managed companies in the US actually perform better than professionally managed businesses. We found that family businesses handily outperformed non-family companies during both the 2001 and 2008 recessions in terms of a key metric, Tobin’s q.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

And we expect at least a portion of current AI piloters to fully integrate AI in the near term. With the AI field recently picking up its pace of innovation after the decades-long “AI winter,” technical expertise and capabilities are in short supply. The biggest challenges are people and processes.

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What Investors Need to Know About Zimbabwe After Mugabe

Harvard Business Review

In this environment, multinationals that are willing to accept some risk and invest in the country could benefit from first-mover advantages – but only if the new administration follows through with much-needed economic reforms. billion a decade later. Now the country is at a crossroads. Years of economic mismanagement.

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When to Change a Winning Strategy

Harvard Business Review

To succeed, therefore, managers have to learn when and how to abandon the strategies they have grown up with. Its story starts like many success stories do: An innovative concept coupled with a first-mover advantage, enabling a rapid physical expansion and generating increasing returns to scale.

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Which Nation Has the Best 'Technik'?

Harvard Business Review

s Human Development Index and the standard economic measure of per capita GDP illustrates just how important it is to develop a neutral, long-term-focused metric for progress. But America's edge is eroding fast as it struggles to keep first-mover advantage over its innovations. The contrast between the U.N.'s