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It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Of course, software firm 37 Signals has been operating four-day work weeks over the summer since 2008. Indeed, a recent survey by the Society of Human Resource Management indicates that fifteen percent of companies offer a 32-hour workweek. Overtime expense isn’t a major concern when many office workers are on salary.

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The Importance of Business Acumen for High Performance

LSA Global

We believe that employees need to better understand the key factors that affect a company’s operations and financial strength to improve decision-making and strategy execution. A McKinsey survey of over 1,500 corporate directors revealed that only 36 percent had a complete understanding of their company’s financials. Operating income.

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Find Purpose in Even Your Most Mundane Tasks at Work

Harvard Business

More and more companies are embracing the idea that they might have a purpose that goes beyond their balance sheet, one that makes the world a better place in some way. And yet fewer than half the executives surveyed said their organization actually operates in a purpose-driven way from day to day.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Operating revenue decreased 15.9 Similar patterns are observed in the consensus private-sector growth forecasts compiled by the Blue Chip Economic Survey. When the bubble bursts, the resulting debt overhang forces borrowers to repair their balance sheets via reduced spending or default. percent to $182.5 percent to $160.7

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Fed Minutes Show Majority Believe "Marginal Efficacy of QE Likely Declining"; Economy Turned the Corner?

MishTalk

Survey evidence suggested that market participants now saw roughly similar probabilities of the first reduction in the pace of asset purchases occurring at the December, January, or March meeting. The incentive for excessive risk-taking has been operative for years. It is reflected in economic bubbles of all sorts.

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Your Company Needs a More-Radical Board of Directors

Harvard Business

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. What’s a typical independent director’s worst nightmare? It’s not surprising. I’m not against benchmarking and norming.

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Mish's Global Economic Trend Analysis: China Manufacturing.

MishTalk

In what should be no surprise to Mish readers, the HSBC China Manufacturing PMI™ shows Operating conditions deteriorate at quickest pace since last September, and new export orders plunge. Operating conditions have now worsened for two successive months. Key points. Output contracts for first time since last October.