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Midsized Firms Can’t Afford Bad Bets

Harvard Business Review

Even what appears to be a small investment risk can turn into a big one, especially when information technology comes into play. Unlike a Fortune 500 company that can spend tens of millions of dollars on external consultants to help implement such a system, this company was stingy with its IT dollars.

CFO 8
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The Dell Deal Explained: What a Successful Turnaround Looks Like

Harvard Business Review

In 2004, Michael Dell left the company, replaced by Kevin Rollins, a former Bain consultant who joined the company in 1996. In a 2011 paper , researchers from HBS, Columbia, and the University of Chicago looked at the success of 472 tech buyouts based on a novel measure: patents. The Case of IBM.

Rivkin 15
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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

In 2012, one of us — Gregor Gimmy, a California-based serial entrepreneur and former IDEO consultant — accepted a new role at BMW’s corporate R&D headquarters. In fact, in 2011 BMW had also founded a corporate venture capital (CVC) unit, called BMW iVentures, but it exclusively invested in service startups.