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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. While their job may have been setting or applying strict credit policies in the past, they may now start to wonder whether their traditional credit rating models are still effective.

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Five Ways to Build Your Wealth: A Guide

Strategy Driven

Invest in bonds of various types, credit ratings , and maturities. By staying current with the latest trends and technologies in your field, you can make yourself more valuable to employers and increase your chances of getting a raise or a higher-paying job. Invest in cash, gold, or other alternative assets.

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The Real Solution Is Growth

Harvard Business Review

Recent headlines have focused on the debt ceiling , the recent credit rating downgrade , unemployment , and the other thorny fiscal challenges facing the United States. Focus on green technology, the next area that has the best promise of creating a platform for more innovation.

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AskObama Is a Meaningless Marketing Stunt

Harvard Business Review

The dismal truth is that pretty much all of yesterday's institutions — from banks, to "the corporation," to credit ratings, to schools — are just as broken as our political institutions are. It's marketing over substance, hype over reality, spin over reform — as usual. In political terms?

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Four Steps to Fixing Your Bad Data

Harvard Business Review

From falsified mortgage applications and bundles of toxic mortgages, to incorrect credit ratings and balance sheets that couldn't be trusted, the financial crisis is as much about bad data as it is about unfettered greed. Unfortunately, reputational risk is only the tip of the iceberg when it comes to bad data quality.

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Creating a New Approach to Engineering and Innovation at Hitachi Metals - SPONSOR CONTENT FROM HITACHI METALS, LTD.

Harvard Business Review

As the new general manager of the Global Research & Innovative Technology Center (GRIT) at Hitachi Metals, Kenichi Inoue is tasked with creating an updated framework for research and development in advanced materials, helping his organization make the shift to a new approach to engineering and innovation in a disrupted world.

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Three Questions to Ask Your Advanced-Analytics Team

Harvard Business Review

The idea is that direct driving behavior over time will be more predictive than traditional proxies such as age, credit rating, or geography. This telematics data is then entered into actuarial models to predict driving risk (and thus insurance premiums).