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A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk. Every high performer needs both. They will represent the products more consistently.
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” Lastly, by looking at historical data on publicly traded companies, a team of finance professors set out to build an algorithm to choose the best board members for a given company. This work will likely become even more important as less-transparent algorithms like deep learning become more common.
For example, in the 1990s, leading businesses like 3M adopted concepts like eco-efficiency, focusing on saving and making money through the better management of materials, energy and waste. Whether in politics, finance, or business, there is growing concern that many leaders have lost their moral compass. The Moral Frame.
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