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Streaks, from Jumpin' Joe to Mutual Fund Managers

Harvard Business Review

Back in 2008, Steve Strogatz and I were interested in sports, not the world of finance. They argue that long streaks in the mutual fund world — such as when a fund beats the market many years in a row — are simply products of lots of funds performing in a mediocre way for a long time. But is this true?

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Should Your Boss Encourage You to Take Drugs?

Harvard Business Review

Increasingly, prescription ADHD drugs like Adderall , dedicated to improving attention deficits, are finding their way into gray market use by students looking for a cognitive edge. Or should management pretend those options don't exist? Should that be encouraged? What a challenging public policy conundrum.

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A Case for Why Health Systems Should Partner with Pharmacies

Harvard Business Review

The health care industry is now focusing on value-based care — improving the health of populations while reducing costs. As providers aim to compete in this new business context, they are partnering with firms whose data and services can increase care coordination and prevent disease. Insight Center.

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Reinvent Your Company by Reassessing Its Strengths

Harvard Business Review

If a company’s leaders understand the capabilities that define its unique identity, they’ll make smarter decisions about what businesses to buy and sell, what markets to enter and exit, what to prioritize in new product development, how to manage costs, where to invest, and all the other choices that are inherent in sustaining a great company.

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Identifying the Skills That Can Help You Change Careers

Harvard Business Review

I made a career switch seven years ago, when I went from working as a reporter at the Financial Times , where I covered health care in the United States, to consulting — advising CEOs in the pharmaceutical industry on thought leadership and articulating their corporate strategies. You should also ask: How you should market them?

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The Right CEO Personality for Process Improvement

Harvard Business Review

For example, marketing optimizes its activities for its own benefit and the sales and customer service functions do likewise. The end-to-end process of customer acquisition and retention — getting rid of duplicate activities and information across marketing, sales and customer service — isnt touched.

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Get Your Team to Work Acoss Organizational Boundaries

Harvard Business Review

A company must get its sales, marketing, research and development, operations, and even customers and suppliers to work together. Whether in sports or business, a team is a group of people with a shared goal. Consider MITRE , which manages five research and development centers for the U.S. These institutional changes are huge.

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