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How Companies Can Use Investors to Their Advantage

Harvard Business Review

Yet investors can be a powerful strategic resource, providing not only capital but also less-biased insight into the threats and opportunities that a company encounters. Nikon, the legendary Japanese camera maker, provides a textbook study in how smart managers can work with strategic investors to transform a struggling business.

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Five Common Strategy Mistakes

Harvard Business Review

I just finished a two-year project looking at Michael Porter's most important insights for managers. Here are five more traps I've seen managers fall into over and over again. Correction: Managers often mistakenly assume that a high-growth industry will be an attractive one. Mistake #1. Confusing marketing with strategy.

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What If Companies Managed People as Carefully as They Manage Money?

Harvard Business Review

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. Financial capital is abundant but carefully managed; human capital is scarce but not carefully managed. How can we manage human capital better? Measure it.