Remove Accounts Remove Assets Remove Fixed Costs
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Five Rules for Innovating in a Shaky Economy

Harvard Business Review

Management has made promises to senior executives about what a project will achieve, and fixed costs have built up because they looked prudent in comparison to planned revenues. Good portfolio plans will balance the types of risks assets are exposed to, and they may have holdings with different levels of liquidity.

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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia. However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. Creative accounting measures. Consider three examples.

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Bringing the Power of Platforms to Health Care

Harvard Business Review

As Marshall Van Alstyne, Geoffrey Parker, and Sangeet Choudary articulated recently in HBR , “With a platform, the critical asset is the community and the resources of its members.” Think of the potential for this kind of orchestration of resources in healthcare where waste accounts for an estimated $750 billion annually.

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When M&A Is Not the Best Option for Hospitals

Harvard Business Review

The advantages that hospital systems can derive from scale fall into four groups: Classic economies of scale focus on lowering the cost per unit of care delivered (e.g., Economies of scope can allow hospital systems to leverage their scale to develop new revenue streams.

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21 Types of Employment: Your Hire-To-Retire Guide

AIHR

Examples include an external management consultant who advises companies on improving efficiency or a cybersecurity consultant who helps organizations protect their digital assets. Accountants, writers, graphic designers, private tutors, and photographers are some common examples of individuals who are often self-employed.