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What If Companies Managed People as Carefully as They Manage Money?

Harvard Business

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. Financial capital is relatively abundant and cheap. Financial capital is abundant but carefully managed; human capital is scarce but not carefully managed.

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Germany’s Midsize Manufacturers Outperform Its Industrial Giants

Harvard Business

Most of these companies are private and don’t publish their balance sheets. This level of dedication to their mostly B2B customers demands especially strong investment in innovations and R&D. They belong to a class of small-to-medium German enterprises that are outperforming the country’s top public companies.