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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

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. Recent research lets us make an even bolder claim: accounting earnings are practically irrelevant for digital companies. For the next four years, it continued to report losses.

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The Consulting Value Proposition

Tom Spencer

For example, a company that needs to update its computer systems might seek advice from IT consultants. An example from 2014 occurred when McKinsey poached two partners from AlixPartners, one of the world’s best-known restructuring firms. Below we outline five (5) reasons why organisations engage consulting firms. Turnarounds.

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Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue

MishTalk

Economist Andy Xie has an interesting article in CaixinOnline that contains his views on 2014. The global economy is unlikely to accelerate in 2014. Abenomics is likely to fizzle out in 2014. Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere.

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Booz Allen Hamilton Interviews and Culture

Management Consulted

From this noble seed came a company that birthed management consulting as we know it. And, let’s be honest here, don’t we all love that his last name was Booz, and that he named the company after himself? The President of the Board is Dr. Ralph Shrader, who served as CEO from 1999-2014. Information Technology.

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Why So Many High-Profile Digital Transformations Fail

Harvard Business

In 2011, GE embarked upon an ambitious attempt to digitally transform its product and service offerings. The company received much acclaim for its transformation in the press (including some from us). Nike halved the size of its digital unit in 2014 by discontinuing its Nike+ Fuelband activity tracker and some other investments.

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Booz Allen Hamilton

Management Consulted

From this innovative and noble seed came a company that birthed management consulting as we know it. And, let’s be honest here, don’t we all love that his last name was Booz and that he named the company after himself? President of the board is Dr Ralph Shrader, who served as CEO from 1999 -2014. Information Technology.

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2016 ECS Value Creators Report: Building Endurance

BCG

Notable successes emerged in 2015, showing that value creation is possible and signaling important opportunities for many companies in the years ahead. Today’s most intriguing value creation opportunities relate to the new digital technologies that support the work of ECS companies.

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