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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. Getting the measurement right is central to providing convincing evidence on the debate over short-termism.

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How Uber Explains Our Economic Moment

Harvard Business Review

Because I’m interested in the peer economy I followed standard practice and asked the driver how long he’d been part of the Uber network and how he liked it. In the wake of the great recession steady jobs had been replaced by short-term contracts, and there weren’t even a lot of these to be had.

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Why HR Really Does Add Value

Harvard Business Review

Adding legitimacy to this skepticism are new technologies that enable automation of routine transactions, offshoring and shared service organizations that specialize in managing many tactical elements of HR. Within the first year of our effort net sales increased 27 percent while fixed costs were reduced by 40 percent.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. The model can be a win-win as long as the two companies address different customer segments. Dual asymmetrical joint venture.

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How Companies Can Use Investors to Their Advantage

Harvard Business Review

.” The reply he got was like a cold shower: “Management is delusional about their long-term prospects,” said the investor, adding, “Every time we meet … it truly shocks me how far behind it is and how slow they have been to grasp the trends of the industry.”

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How Drucker Thought About Complexity

Harvard Business Review

I have long been influenced by Drucker''s work. In the 1960s and 1970s, he was already anticipating some of the implications of the Big Shift just beginning to emerge: the transition to an information economy, the centrality of knowledge work, and the transformative impact of digital technology on all types of work.

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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

They also do not represent sustainable, long-term change. Modest reductions in the cost of borrowing and in supply costs achieved in mergers are often washed out by higher executive compensation, more layers of management, and information technology outlays, leading to higher, rather than lower, operating expenses.

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