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Research: Writing a Business Plan Makes Your Startup More Likely to Succeed

Harvard Business

entrepreneurs over a six-year period (2005 to 2011). It details the full range of activities undertaken to get the business off the ground and, crucially, whether it reaches a key measure of viability: reaching cash flow positive. This tracked a representative sample of more than 1,000 would-be U.S.

Research 134
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Business Book Review: Boston Consulting Group On Strategy

Management Consulted

Boston Consulting Group on Strategy is a compilation of 82 valuable articles called Perspectives, 4 Harvard-reviewed business articles and 8 other articles written by various members of The Boston Consulting group between 1968 to 2005. The focus here is completely on cash flows and not projections. QUICK OVERVIEW.

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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

s 26% in 2000-2005. Work by Nomura’s Chief China Economist indicates that more than half of Local Government Funding Vehicles, which borrow money on behalf of local governments to invest in infrastructure, have insufficient cash flows to pay interest or principal; the exact manifestation of Minsky’s Ponzi finance regime.

Finance 74
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Use Data to Fix the Small Business Lending Gap

Harvard Business

In the high flying days of 2005-2007, banks around the country relied heavily on these scores to make quick decisions on millions of uncollateralized small business loans, with disastrous results. Since the crisis, banks have reconsidered their overreliance on personal credit scores in small business lending.

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5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business

Instead of formulating detailed, long-term financial plans, executives at Dell now align around a common performance ambition—a cash flow vector consistent with growing the company’s intrinsic value faster than competitors. Think of strategy as a portfolio of options, not bonds. Take Google.

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The Comprehensive Business Case for Sustainability

Harvard Business

In 2005, they launched a U.S. Wal-Mart, for example, aimed to double fleet efficiency between 2005 and 2015 through better routing, truck loading, driver training, and advanced technologies. By the end of 2014, they had improved fuel efficiency approximately 87% compared to the 2005 baseline.

Study 70
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Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect

MishTalk

The fact that profits as a share of GDP are more than 70% above their historical norm should immediately raise a question as to whether current year earnings or next year’s projected “forward earnings” should be used as a sufficient statistic for long-term cash flows and equity market valuation without any further reflection.