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Michael Fraccaro, CHRO at Mastercard, on the value of business resource groups

HR Digest

I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.” They’ve helped drive the development of mobile payment solutions to promote financial inclusion in emerging markets. We’re always looking for ways we can be a positive influence in the markets where we operate.

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The Dark Side of Efficient Markets

Harvard Business Review

It is generally accepted that efficiency represents the optimal, aspirational state for any market. Efficient markets, which feature many buyers and sellers and perfect information flowing between them, determine the “right price” and hence allocate society’s resources optimally. Think about how markets evolve.

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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

Decisioning by consensus usually results in no decision being made, or an intellectually dishonest, watered-down decision that is so full of compromises, hedges and caveats that a non-decision might have been preferable. Where levels of responsibility and consequences for success or failure fall differently on various participants.

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Companies That Do Right by Their Workers Start by Elevating Their Definition of Success

Harvard Business Review

A sound economy, a booming stock market, and huge business tax cuts, the story goes, have convinced CEOs of companies flush with cash to distribute some of it to front-line employees. There are no public shareholders clamoring for higher dividends, no hedge funds gorging on management fees. to $15 per hour.

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3 Ways to Get Your Own Digital Platform

Harvard Business Review

Network businesses have always been around, from matchmakers to real estate brokers, but it’s the move to digital platforms that has led to market-shaking effects. Digital platforms are grease for the flywheel, facilitating the rapid exchange of value between network participants at near-zero marginal cost. No strategy is static.

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How Amazon Trained Its Investors to Behave

Harvard Business Review

In fact, Amazon was only operating at such a high burn rate because it could. That opportunistic approach to financial markets has defined Amazon since it went public in 1997. When Uncle Wall Street (also known as Mr. Market ) is in a generous mood, Bezos is always ready to take advantage by putting investment ahead of profitability.

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4 Models for Using AI to Make Decisions

Harvard Business Review

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. In reality, “handoffs” and transitions prove to be significant operational problems. Autonomy is both the organizational and the operational center of gravity for innovation and growth.