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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

The State of Project Management 2018 survey by Wellingtone reveals a harsh truth — dissatisfaction with the current level of project management maturity in organizations all over the world is higher than a year ago. HHI had delivered more than 2,150 ships to 320 shipowners in 51 countries as of 2017. billion in revenue by 2022.

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business

Amazon, born 24 years ago, had captured about 45% of online retail commerce in the United States by 2017, but still stood for just about 5% of total US retail gross merchandise volume in that year. Those technologies started to be used about ten to 25 years ago, and the average level of absorption of these technologies was about 37% in 2017.

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Give Your Team the Freedom to Do the Work They Think Matters Most

Harvard Business

Since at least the time of Frederick Taylor, the father of “scientific management,” control has been central to corporate organization: Control of costs, of prices, of investment and—not least—of people. When a new project comes in, the manager does not devise a plan to complete it. billion in revenue in 2013.

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Thoughts on Blockchain & Crypto

CaseInterview.com

Cryptocurrencies don’t produce a monthly cash flow like, say, renting out a home or building full of apartments (or flats). So, it’s not inherently a cash-flow-producing type of asset. In 2017, a bitcoin traded at roughly $1,000. Did bitcoin holders receive a lot more in monthly cash flow?

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What GE’s Board Could Have Done Differently

Harvard Business

During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

Nearly 800 digital health startups were funded in 2017, an all-time high. A second, more radical solution is to create budgets and authority for a service line or integrated practice unit (IPU) that manages a patient’s entire treatment for a high-volume medical condition. Gillian Blease/Getty Images. health care system.

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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business

Meanwhile, one of Well Fargo’s chief competitors, Bank of America, has been relatively scandal free, with impressive revenue and profit results for the first half of 2017. CEOs with legal training tended to implement more-cautious earnings management policies, especially in industries with high litigation risk, like pharmaceuticals.