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What is Great Leadership?

Great Leadership By Dan

Will upper management (Boomers/X’ers) see the value in including the Millennials is the long range planning process? Because of the economy and the fact that 401k plans are yet to rise to the level that they had attained pre -recession, the Boomers and the Traditionalist (small numbers) are still delaying their exit dates.

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Reclaiming the Idea of Shareholder Value

Harvard Business Review

That may mean choosing shareholder or stakeholder value, but that is not enough. Those that do embrace maximizing shareholder value as their governing objective also need to specify the time horizons they will use in their planning and decision-making processes. Third, companies must communicate with all of their stakeholders.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. Given that even sophisticated investors cannot estimate the value of these companies, CFOs question the ability of a day trader to value a digital company.

Report 8
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Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

In an uncertain and volatile world, risk management — a previously unsexy subject for many managers who created annual updates or reviews of their company's risk management plans — is now a front-burner issue for many. CEOs and CFOs should consider rethinking who is managing risk in their global supply chains.

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

Harvard Business Review

But the advantage to the traditional path in the early years is very much offset by the impressive EtA cash flows that occur once the carry starts getting paid and even more so upon exit (which we’ve assumed in year 10 in this example).

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Warren Buffett's 2010 Shareholder Letter: What to Expect

Harvard Business Review

But why compare apples (book value) to oranges (share price and dividends)? Buffett explains that book value is the best proxy for "intrinsic value," the net present value of all estimated future cash flows. Consider that since 1965, Berkshire's book value grew 434,057% and the S&P index grew only 5,430%.

Letter 15
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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. Our research shows that U.S. Cultivate adaptive capability. Unpredictable environments require adaptation.