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101 Things I Learned in Business School

Leading Blog

B USINESS is not a discipline, but an endeavor made up of disciplines such as accounting, communications, economics, finance, leadership, management, marketing, operations, psychology, sociology, and strategy. Lesson: The higher one rises in an organization, the more one must be a generalist.

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An Experiment in India Shows How Much Companies Have to Gain by Investing in Their Employees

Harvard Business Review

For many low-wage workers in India, basic skills training can be the difference between economic empowerment and persistent poverty. In July 2013 we implemented a randomized controlled trial in five factory units in Bangalore operated by Shahi Exports Pvt. India’s biggest garment export firm.

Company 10
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The Case for Stock Buybacks

Harvard Business Review

But these claims are very rarely backed up by large-scale evidence, and often driven by a misunderstanding of how buybacks actually operate. Investment only creates value if its returns are higher than the other projects shareholders could invest in. It takes no skill to simply spend money.

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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

r>g: Economist Thomas Piketty’s formula for spiraling wealth inequality, in which the rate of return on capital is higher than economic growth, has its critics. stock markets over Icahn’s career, it’s a simple factual assertion — the total return on the S&P 500 has substantially outstripped economic growth.

Hedge 8
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American CEOs Should Stop Complaining About Uncertainty

Harvard Business Review

In 1998, Mo was running a highly profitable and stable engineering firm serving European mobile operators. He sold that company to do what no European operator would (though he begged them): Start an African cell phone company. He recently announced the next two growth markets for sizeable investment by his group are Iraq and Myanmar.