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The Next Supply-Chain Challenge Isn’t a Shortage — It’s Inventory Glut

Harvard Business

Electronics littered shelves in 2001 after the dot-com bubble burst. It’s a forward-looking metric based on the classic momentum equation: current inventory x rate of inventory change. Inventory challenges aren’t new. In 2009, the financial crash left manufacturers with excess inventory when consumer buying power suddenly dropped.

Metrics 254
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Why CEO’s Hire Consultants and Coaches: The REAL Value They Bring with Brad Rex

Consulting Matters

During his twelve-and-a-half-year tenure, he worked in finance and strategic planning before taking over as leader of Epcot theme park on the week of 911, 2001. He was offered an executive job at Disney and moved to Orlando, Florida, in 1994.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. The differences were dramatic. We calculate that U.S.

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CEOs Should Think Like Founders, Not Just Managers

Harvard Business

In 2001 the list of companies with the highest market caps was dominated by blue chips. Use New Metrics. As such, it is deadly to hold them to standard big-to-bigger growth metrics. They require their own set of metrics that will enable them to grow and flourish. TodUdom/iStock.

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Reflecting on David Garvin’s Imprint on Management

Harvard Business

For my money, “What You Don’t Know About Making Decisions” (2001), which Garvin wrote with Michael Roberto, is the best piece on organizational decision making in HBR’s archive. The central idea is that decision making is a process, not an event.

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When a Simple Rule of Thumb Beats a Fancy Algorithm

Harvard Business

What they found surprised them. As they reported in a paper published in 2008 , rule-of-thumb methods were generally as good or even slightly better at predicting individual customer behavior than sophisticated models. Ergo: heuristics win. There are other areas where the heuristic advantage might be even greater.

Retail 70
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The Best-Performing Emerging Economies Emphasize Competition

Harvard Business

More than half that reached the top quintile in terms of economic profit generation between 2001 and 2005 had been knocked off their perch a decade later, in 2010-15. Moreover, when it comes to that metric beloved by stock market analysts and investors, total returns to shareholders, these firms also outperformed.