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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. But on the other hand, in order to safeguard the company’s future competitiveness, CEOs may have no other choice than to invest now.

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If America Is a Land of Abundance, Why Are We So Divided?

Harvard Business Review

The company's job is to define the product, and the buyers' is to consume it. For example, Google reveals its topline direction to everyone in the company and asks that all employees figure out how their work fits into the company's strategy. The idea of a company creating and buyers consuming is dated.

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Old Management Systems Stifle New Business Models

Harvard Business Review

Most large companies struggle to get the most out of the vast amounts of data they’ve collected. That fact becomes apparent when you juxtapose the balance sheet of a company like Microsoft with the balance sheet of a company like Siemens. It’s as simple as that. The challenge? Consider the 2.4