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Is Your Company Ready for the Looming Talent Drought?

Harvard Business Review

Even if your firm has a healthy employee base and a strong balance sheet, chances are good that it’s about to face a significant shortage of qualified managers. In a 2014 PricewaterhouseCoopers survey of CEOs in 68 countries, 63% were concerned about the future availability of key skills at all levels.

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The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business Review

As a practical matter, for example, these changes in the global policy regime are forcing multinational corporations to scale back and sell parts of their international operations. And in 2014, Pfizer, the U.S. According to the World Trade Organization, international trade this year will grow at its slowest pace since 2007.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

Similarly, Microsoft paid $26 billion for loss-making LinkedIn in 2016, and Facebook paid $19 billion for WhatsApp in 2014 when it had no revenues or profits. Our current financial accounting model cannot capture the principle value creator for digital companies: increasing return to scale on intangible investments.

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5 Basic Needs of Virtual Workforces

Harvard Business Review

Automattic, owner of WordPress, has been able to scale up operations to nearly 300 people and more than 131M monthly website visitors — the 3rd highest on the Internet — with a purely distributed team. In a 2014 Robert Half Technology survey of U.S.-based More organizations are adopting a fully remote work culture.

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How to Better Manage Your Company’s Utility Bills

Harvard Business Review

These are often overlooked on balance sheets but can generate significant extra value for companies. Plus, the same measures that yield such efficiency gains also offer myriad other benefits , from improved employee health and retention, to better sales and lease-up rates, to enhanced brand reputation. Invest in smart controls.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business Review

Scaling Up Manizales ( Manizales-Más in Spanish), an economic development coalition of local institutions and the Babson Entrepreneurship Ecosystem Platform (BEEP), which I created and lead, was launched in 2012 with the ambitious aim of revolutionizing the pursuit of opportunity. day, scale-focused workshops and related activities.

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Research Shows That Smaller M&A Deals Work Out Better

Harvard Business Review

In the early days, following the company’s pivot from industrial manufacturing to marketing services, major acquisitions were the fastest way for it to achieve scale in its new industry. So WPP acquired the ad agencies J. After that, however, WPP practiced programmatic M&A, turning it into a strong muscle.