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Steve Jobs Solved the Innovator's Dilemma

Harvard Business Review

That book is The Innovator's Dilemma by HBS Professor Clay Christensen. But what's most interesting to me isn't that The Innovator's Dilemma was on that list. Anyone familiar with Professor Christensen's work will quickly recognize the same causal mechanism at the heart of the Innovator's Dilemma: the pursuit of profit.

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Artisans Must Balance the Books

Harvard Business Review

As more people depended on him, he spent his working capital, and the business failed. When artisans have no understanding of their cash flows, they fail prey to spending a big percentage of their working capital, without meaning to, on non-business issues that usually cripple their operations. Eventually, most collapse.

Books 14
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Your Whole Company Needs to Be Distinctive, Not Just Your Product

Harvard Business Review

It became easier and easier for small enterprises to gain customer reach and awareness (along with working capital). Become a remarkable capability innovator, designing and developing your own practices that give you prowess no one else matches. Distinctive capabilities cannot be easily replicated by others.

IAM 11
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A Playbook for Making America More Entrepreneurial

Harvard Business Review

We see ourselves as risk-takers and innovators. Over the last six years the federal government funded more than 50 new regional innovation “clusters,” and across America new accelerators and entrepreneurship boot camps are proliferating. In fact, we know a lot about what works from observing this recent experimentation.

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

Harvard Business Review

However, higher accruals can reflect either innocuous aspects of certain business models, such as in the construction industry, where the time lag between earning income and realizing cash is long, or that growing firms retain higher working capital to meet greater current and future customer demand. Are all share repurchases myopic?

EPS 8
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Telecom's Competitive Solution: Outsourcing?

Harvard Business Review

The telecom industry has changed, and the industry dynamics will continue to shift under the pressure from social media and the power of the consumer. Due to huge capital requirements, these investments could exert considerable pressure on the working capital of the carrier company.

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Interview with Sramana Mitra on 1M/1M Program

Rajesh Setty

Once the $1 million revenue milestone is crossed, entrepreneurs find it easier to find additional customers, manage working capital, and access funding, whether it is credit or equity. In my roundtables, the vast majority of entrepreneurs I work with are in this rather vulnerable pre $1 million revenue stage. Numerous lessons.