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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. Unfortunately, companies in the lean community don’t seem to take much note of, or try to copy these experiments, probably because the benefits aren’t reflected on the income statement or balance sheet.

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A New Way to Think About Office Lighting

Harvard Business

Most offices have adequate but aging lighting systems that often operate inefficiently, can waste vast amounts of energy, and annoy employees. Basically, the problem is that everybody wants a better lighting system but nobody wants to pay for it. The customer specifies the outcomes it requires from its lighting system (e.g.,

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Blockchain Will Transform Customer Loyalty Programs

Harvard Business

The result is a maze of point systems and redemption options, with cumbersome processes for exchanging points among program partners. Every transaction and its associated value are visible to anyone with access to the system. First, blockchain could help relieve a large balance-sheet liability that many in the industry are facing.

Travel 136
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5 Ways Your Data Strategy Can Fail

Harvard Business

Paradoxically, “data” appear everywhere but on the balance sheet and income statement. The data is scattered in silos — stuck in departmental systems that don’t talk well with one another, the quality is poor , and the associated costs are high. Except for very few, this hasn’t happened.

Data 127
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Do You Know What Your Company’s Data Is Worth?

Harvard Business

For example, at the end of its 2015 fiscal year, Apple’s balance sheet stated tangible assets of $290 billion as a contribution to its annual revenues, with approximately $141 billion worth of intangible assets — a combination of intellectual capital, brand equity, and (investor and consumer) goodwill.

Data 70
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How the Great Recession Changed Banking

Harvard Business

It may feel as though the financial system hasn’t changed much in the decade since the downturn, but it has. Most of the regulation was meant to safeguard the financial system, and the taxpayers who had to bail it out, from another crisis. Many other financial firms including AIG, Fannie Mae, and Freddie Mac needed bail outs.

Banking 73
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Why Apple Is Getting into the Energy Business

Harvard Business

Many commercial and industrial buildings have rooftops, parking structures, and unused land that can host systems that are significantly larger and cheaper than residential systems. B operated the same way as A, with no special control. billion square feet of space that is usable for solar, enough to power 14% of U.S.

Energy 70