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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. The returns to society and the overall economy were equally impressive.

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Mexico Blames China for "Frankly Perverse" Currency Wars Then Joins Mad Intervention Party

MishTalk

One-Way Trip Lower Every rally in the Mexican peso vs the US dollar has failed since 2001. In April of 2001, it took 8.91 There is real concern that, in the face of the deceleration of the Chinese economy, the public policy response will be to start a round of competitive devaluations,” said Luis Videgaray, finance minister.

Finance 28
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Desert Hot Springs, CA Mulls Bankruptcy Due to Soaring Wages and Pensions; The "Only" Option; Just Deserts for CalPERS

MishTalk

Add Desert Hot Springs, CA to the list of California cities in dire straits due to poor management, union wages, and ridiculously unaffordable pension promises. The problems in Desert Hot Springs came to light last week when a new finance director reviewed the city''s records and discovered a $3 million shortfall in its budget of $13.5

Finance 71
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Highland Park Michigan Skids Towards Bankruptcy, Public Union Pensions to Blame as Usual; Fifth Third Bank and Highland Park in Pension Funding Lawsuit

MishTalk

It''s ran nearly $500,000 over budget in 2012, the Associated Press reports, and under Public Act 436 will soon have to decide between accepting a consent order with the state, installing an emergency manager or filing bankruptcy. In any case, the city''s creditors could face losses if the communities finances don''t recover.

Banking 76
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Research: Business School Really Does Influence How Students Make Decisions Later On

Harvard Business

Up until the 1960s, scholars viewed diversification as a valuable strategy. Kenneth Andrews, who popularized the concept of business strategy at Harvard Business School, was one of them. This changed after Peter Dolan (Dartmouth, 1980) took the helm in 2001. corporations was so slow.

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Consultant Ninja: Friedman Billings Ramsey and Tom Peters.

Consultant Ninja

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. It wasnt until 2001 that he admitted that he made up most of the data in the book. I am a strategy consultant at. Management Consulting. Consultant Ninja.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business

Emerging digital firms compete with knowledge, strategy, and expert human capital, attacking even the largest established firms. firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments.

Company 30