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Give Your Team the Freedom to Do the Work They Think Matters Most

Harvard Business Review

billion in revenue in 2013. By 2017 it had grown organically to $12.79 In 2017 and 2018 , Decathlon was ranked the #1 Great Place to Work in France. Michelin is a huge company in a relatively mature industry, but it has still managed to nearly double its free cash flow since 2015, to €1.509 billion ($1.75

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What GE’s Board Could Have Done Differently

Harvard Business Review

During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. Fortunately, in December of 2017 GE’s board downsized from 18 members to 12. The Board Had No Finance Committee.

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How U.S. Hospitals and Health Systems Can Reverse Their Sliding Financial Performance

Harvard Business Review

MD Anderson Cancer Center lost $266 million on operations in FY 2016 and another $170 million in the first months of FY 2017. Revenues from private insurance have not fully offset the reductions in Medicare payments stemming from the Affordable Care Act and federal budget sequestration initiated in 2012. Physician employees.

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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business Review

Meanwhile, one of Well Fargo’s chief competitors, Bank of America, has been relatively scandal free, with impressive revenue and profit results for the first half of 2017. One measure we used was current accruals, where managers accelerate recognition of revenues and delay recognition of expenses. ’s largest banks?

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Transcript: How an Entrepreneurial Operating System Produces Greater Outcomes // Doug Hall, Resources for CEOs

BCW Institute

He based his work off of another open source from Verne Harnish, The Rockefeller Habits , where Verne had those six, but he also had strategy and profits and cash flow. What kind of revenue and profit do we need to generate this quarter?” And then the number eight driver, it shows up in superior profits and cash flow.

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Subscription Businesses Are Booming. Here’s How to Value Them

Harvard Business Review

subscribers in 2017, and the industry as a whole has been growing at 200% annually since 2011. went public in June, then saw its stock price fall 70%, making it the worst performing IPO of a major company so far in 2017. Business-to-consumer subscription businesses have attracted more than 11 million U.S.