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July's Leadership Carnival

Michael Lee Stallard

Miller advocates for “management by asking” in her post “ Socrates Was On to Something.” Wally Bock presents Once Upon a Time posted at Three Star Leadership Blog. Miki Saxon presents How to Improve Your Management Skill at MAPping Company Success. Steve Roesler presents Want to Influence?

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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. I believe these arguments often miss a nuance: It is not the short-term investor but short-term management that is the problem. Indirectly though, these short-term traders can destroy value.

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When It Pays to Think Like a Finance Manager

Harvard Business Review

Most finance managers in both large and small businesses encounter numerous proposals for capital investments and many of the people proposing these investments don’t have a clear picture of what the return will be. Do you think they’re going to do a net present value (NPV) analysis that shows they don’t need that computer?

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How Valuable Are Your Customers?

Harvard Business Review

At its core, CLV is the present value of all future streams of profits that an individual customer generates over the life of his or her business with the firm. Knowing each customer’s profitability is the first step to managing them. This post adapted and reprinted material from Core Reading: Customer Management, HBP.

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Don’t Let Your Company Get Trapped by Success

Harvard Business Review

” Only few firms manage to be ambidextrous—most struggle to maintain a healthy balance between exploration and exploitation. And managers focused on immediate total shareholder returns may be delighted with high performance. Some firms manage to maintain this dual discipline as they grow. Our research shows that U.S.

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Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business Review

It includes other aspects such as: how much you enjoy your career, whether it provides fulfillment, how much flexibility you get and how much influence you have over what you do and when you do it. Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work.

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The Secrets to Building a Lucky Network

Harvard Business Review

I've written before about the Lucky Attitude that can lead to the type of circumstantial Luck that these entrepreneurs create and influence. Many of the entrepreneurs and business builders we talked to also knew how to create Luck. The foundation is humility , believing that are many new things to discover.