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July's Leadership Carnival

Michael Lee Stallard

Michael Lee Stallard Insights on Leadership and Employee Engagement Home About Hire to Speak Press Kit July’s Leadership Carnival Published by Michael Lee Stallard on July 5, 2010 03:56 am under E Pluribus Partners Every month I participate in a leadership carnival with several bloggers whose work I respect.

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Beware of Short-term Management, Not the Short-term Investor

Harvard Business Review

Much has been made in recent years about the pernicious influence of short-term investors on corporate performance. The short-term investor does not reduce the firm's long-term competitiveness and value;short-term management does. Indirectly though, these short-term traders can destroy value.

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Don’t Let Your Company Get Trapped by Success

Harvard Business Review

This can be quantified by analyzing the extent to which the share prices of S&P 500 firms are driven by a firm’s present value of future growth options (PVGO) rather than cash flow from current operations. Scale should help build influence in highly malleable environments. Our research shows that U.S.

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What Shareholder Value is Really About

Harvard Business Review

The research in this area points to three salient points: First, the value of the business is the present value of future cash flows. A CEO who doesn't take the time to understand markets is at risk of being influenced by individuals who have incentives that are not aligned with the goals of the company. Communication.

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What If Investors Who Held Their Shares Longer Got More Voting Power?

Harvard Business Review

Joe Bower and Lynn Paine “had me at hello” (to quote Jerry Maguire ) with their new HBR article, “ The Error at the Heart of Corporate Leadership.” ” Laying out their data, they find that long-term oriented companies create more financial value and more jobs. The Refresher: Net Present Value.

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