Marshall Goldsmith

FEBRUARY 8, 2018

Lyft cofounder Logan Green was inspired to start his company after a trip to Africa, where he was awestruck to observe extraordinarily cooperative mass transit in Zimbabwe, despite the apparent chaos of a developing country. Pinterest today engages more than 200 million users and this fall reached a pre-IPO market value of over $12 billion.

Competitive Advantage 70

Competitive Advantage Banking Diversity IPO 70

Mark Sanborn

OCTOBER 17, 2019

Neumann came under fire after the company’s prospectus filing for the IPO revealed heavy losses and a wide discrepancy in the distribution of power between him and the company’s other shareholders. Consider the roller-coaster summer that WeWork had and the news that CEO Adam Neumann has stepped down.

Leadership 82

Leadership IPO Licensing Books 82

Harvard Business Review

AUGUST 27, 2018

In a parallel development, the number of companies listed on U.S. stock exchanges has declined by almost 50% from its peak in 1996, despite dramatic increase in aggregate market capitalization. Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality.

IPO 11

IPO Company First-mover Advantage Intangible Assets 11

The Practical Leader

JANUARY 25, 2012

non-monetary recognition and competency development” “A compelling “for what” purpose can also bring out the best in employees. “ Structural cohesion is an employee-generated synergy — essentially a close-knit, high-energy culture — that propels the company forward.” ”

Company 53

Company IPO Ethics Magazine 53

Harvard Business Review

OCTOBER 2, 2017

For decades, we have heard that emerging markets are poised for huge growth that will yield even greater prosperity. Much like their famed Silicon Valley counterparts, emerging market accelerators aim to boost startups’ potential for raising growth capital.

Marketing 9

Marketing Venture Funding Entrepreneur IPO 9

Harvard Business Review

FEBRUARY 29, 2012

As a college student in Nigeria, I had wanted to master developing microcontroller-based systems, but had never had the opportunity in practice, because no company there offered it. So, at the end of the academic session, I developed a business plan and sent copies to potential investors in the U.S. As the first year of my Ph.D.

Entrepreneur 15

Entrepreneur Exit Strategy Development Real Estate 15

Harvard Business Review

OCTOBER 31, 2014

As Johnson had described it in much more depth in a Time cover story a few months before, what made Twitter so promising and interesting and important was “the fact that many of its core features and applications have been developed by people who are not on the Twitter payroll.” billion in its 2013 IPO) that investors have plowed into it.

Marketing 10

Marketing IPO Venture Capitalist Fashion 10

Harvard Business Review

AUGUST 20, 2018

Because the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. Tech IPO prices and subsequent trading prices were disconnected from revenue and profits. IPOs dried up. It’s the antithesis of the lean startup. And it may work.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

NOVEMBER 20, 2013

China leads all emerging markets with 89 companies on the latest Fortune Global 500 list of the world’s largest. To many skeptical consumers in developed markets, Brand China still means lower quality. Western brands also want access to China and recent global market turmoil has exposed many targets for astute Chinese brands.

Brand 8

Brand Globalization Company Development 8

Harvard Business Review

OCTOBER 26, 2011

A star example is Google, which raised a mere $40 million in private funding before its IPO at a $23 billion valuation. Despite these gloomy headlines, three developments in the sector give us hope that the revolution in clean energy production is far from dead: 1.

Energy 13

Energy Finance IPO Biotechnology 13

Harvard Business Review

DECEMBER 3, 2018

Some of the largest companies of recent times by market capitalization, such as Facebook, Alphabet, and Alibaba, carry dual class-shares. MSCI’s recent analysis shows that unequal voting stocks outperformed the market over the period from November 2007 to August 2017. and The New York Times Co. stock exchanges.

Class 10

Class Maturity IPO Short-term 10

Harvard Business Review

JUNE 8, 2018

Morgan projected up to $1T in investment would be deployed this decade — which would make impact investing twice the size of official development aid to the world’s less develop countries (as defined by the United Nations) , presuming historic levels of aid stayed constant since 2010. In 2010, J.P

Microfinance 8

Microfinance IPO Real Estate Industry 8

Harvard Business Review

JUNE 1, 2015

For many consumer tech companies, this post-IPO pressure on financial returns is too high. Because they are innovative by nature, consumer tech companies need to invest heavily in research and development, which could be done if they had a portfolio of products at different stages of maturity, with some of them being established cash cows.

IPO 8

IPO Company Maturity Short-term 8

Harvard Business Review

FEBRUARY 26, 2018

On February 13, 2018, the New York Times reported that Uber is planning an IPO. Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. Any significant, value-relevant development must be immediately disclosed rather than waiting for the annual report.

Company 8

Company Intangible Assets Depreciation IPO 8

Harvard Business Review

JUNE 6, 2018

Financial value is the stuff of business school and stock markets. Strategic value, on the other hand, has little to do with any of those things and almost everything to do with how a company’s product and/or market position help or hinder another company’s (usually a bigger one’s) ability to be successful.

Price 13

Price IPO Wilde Examples 13

Harvard Business Review

JUNE 12, 2012

A few weeks ago, I read an article in the Wall Street Journal about people who had opened up their very first investment accounts just to get in on the Facebook IPO. It also seems likely that he's kicking himself today, as the value of the stock has dropped almost 25% since its May 17 IPO. But was that so?

IPO 12

IPO Bond Long-term Short-term 12

Harvard Business Review

OCTOBER 23, 2013

To a person, they look astonished when I ask whether their dedication comes from anticipation of the money they could make in the event of an IPO. One person says that he can’t let himself think about an IPO. For these professionals, a future IPO is outweighed by today’s OPI — the opportunity for positive impact.

Motivation 11

Motivation IPO Norton Open-book 11

Harvard Business Review

SEPTEMBER 4, 2015

However, CEOs often don’t have the career background and education that would equip them to personally lead the process of new product development. This would mean, for example, working in R&D to lead pharma innovation, new product development for high tech, and product design or merchandising for fashion retail.

CEO 8

CEO Innovation Pharmaceuticals Merchandising 8

Harvard Business Review

AUGUST 16, 2011

Such a strategy limits an early venture's funding in order to force the business to develop a profitable business model and then invests heavily in growth once such a model is identified — Christensen terms such investments "good money" for incubating growth businesses and extols the strategy for three reasons.

Christensen 20

Christensen Fixed Costs Metrics Business Model 20

Harvard Business Review

OCTOBER 2, 2013

I founded the nonprofit African Institution of Technology to help universities in the region develop capabilities in emerging areas like microelectronics, biotech, and nanotechnology. With Facebook’s $115 billion market cap on its IPO day, Mark Zuckerberg created wealth nearly equivalent to half of Nigeria’s GDP in 2012.

Education 8

Education Technology IPO GDP 8

Harvard Business Review

AUGUST 2, 2016

True platform innovators aren’t just market matchmakers using data-driven algorithms to drive better buyer-seller matches; they invest in new value creation. In platform markets, cultivating user capability becomes as strategically important as reducing transaction costs. What really makes them work? Sponsored by Accenture.

IPO 8

IPO Human Capital Insurance Business Model 8

Harvard Business Review

MARCH 28, 2016

Then the banks decided to turn the associations into for-profit companies, IPO them, and cash out. MasterCard IPO’d in 2006, and Visa followed two years later. Commentators tend to give a lot of credit to Apple and Google for developing great mobile software platforms. Now they are very focused on making money.

IPO 8

IPO Succession Technology Software 8

Harvard Business Review

JUNE 7, 2012

Shortly before Facebook's turbulent IPO, GM announced that it was pulling its $10 million advertising budget from Facebook. Our engineers have also been working with Facebook engineers to develop unique and safer ways of integrating the car experience with Facebook.". Now within the timeline, marketers can see reach data for each post.

Advertising 15

Advertising Storytelling IPO Media 15

Harvard Business Review

JUNE 7, 2012

Shortly before Facebook's turbulent IPO, GM announced that it was pulling its $10 million advertising budget from Facebook. Our engineers have also been working with Facebook engineers to develop unique and safer ways of integrating the car experience with Facebook.". Now within the timeline, marketers can see reach data for each post.

Advertising 15

Advertising Storytelling IPO Media 15

Harvard Business Review

MARCH 11, 2016

To determine which new firms are likely to grow, Guzman and Stern developed an algorithm that predicts the chances of a startup going public or being acquired for a significant sum. The number of startups that the algorithm scores as quality is high, but the likelihood of a successful IPO or acquisition hasn’t kept up.

GDP 8

GDP IPO Venture Capitalist Gordon 8

Harvard Business Review

MARCH 7, 2017

All of this indicates that Uber leaders prioritized immediately useful services like recruitment over, for example, legal compliance systems, audits, and leadership development. As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR.

Compliance 12

Compliance Hedge Human Capital Finance 12

Harvard Business Review

JULY 24, 2017

Major organizational changes, covering everything from recruiting and branding to regulatory approvals and marketing, happened in rapid succession, with a hard deadline of 12 months to get it all done for the IPO — and 18 months from the IPO until our full separation from GE. It was a highly valued change.

Management 11

Management IPO Diversity Long-term 11

Harvard Business Review

SEPTEMBER 16, 2014

These innovative players, such as OnDeck, Funding Circle, and Fundera are disrupting the market by using technology to solve problems that have made small business lending costly for traditional banks. However, all these online models depend on developing accurate new predictive models of credit assessment, often using new sources of data.

Credit Scoring 11

Credit Scoring Banking Dunning Metrics 11

Harvard Business Review

JANUARY 12, 2015

Still, it’s true that China’s economy today is undergoing rapid change: the middle class is expanding, purchasing power is increasing, and with loosening regulation, China is becoming a fertile new market for global companies. Fifty-six percent of all online content in the world is in English.

Innovation 8

Innovation Globalization IPO Automotive 8

Harvard Business Review

FEBRUARY 22, 2013

Your company has just developed an amazing new product. Years of development, energy, and, of course, money have gone into it. Cephalon's IPO was in 1991, part of the second wave of biotechnology companies to sell shares to the public. Baldino moved aggressively to bring Provigil to market. What do you do next?

Productivity 8

Productivity Products Biotechnology IPO 8

Harvard Business Review

MARCH 28, 2014

billion IPO valuation in 2013) can be attributed to its continued focus on that target. Using brand personality in this way is not simply about developing creative communications; it’s about infusing every aspect of your operations with your unique character. Branding Marketing Strategy' How – personality.

Brand 10

Brand IPO Marketing Strategy Airlines 10

Harvard Business Review

NOVEMBER 9, 2018

.” Pandas look innocent, but their powerful jaws deliver a bite stronger than a jaguars’ Pandas can be painfully costly to individuals whose careers stall for reasons unbeknownst to them and to organizations and managers unable to develop talented leaders to their full potential. Peer relationships.

Career 15

Career CFO Sample Execution 15

Harvard Business Review

SEPTEMBER 10, 2015

Only a handful of so-called unicorns — companies that have achieved a valuation of over $1 billion in the last 10 years — come from Israel, and only one Israeli firm, Teva, ranks in the world’s 500 largest companies by market capitalization. In 2014, for example, 18 IPOs raised a record-breaking $9.8 We think so.

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

APRIL 18, 2014

The company was hell-bent on entering a new market but knew it had to automate its warehouse to do so. BlueArc’s top team remained confident because they knew the company was strong in three critical areas: The ability to predict the market. BlueArc’s new product hit the market and was an instant success. Forecasting acumen.

CFO 8

CFO Venture Funding IPO Retail 8

Harvard Business Review

MAY 12, 2014

Fostering entrepreneurship has become a core component of economic development in cities and countries around the world. The predominant metaphor for fostering entrepreneurship as an economic development strategy is the “entrepreneurship ecosystem.” In emerging markets, NGOs such as Endeavor and Wamda have been key catalysts.

Entrepreneur 10

Entrepreneur Incubator Bureaucracy Banking 10

Harvard Business Review

JUNE 9, 2011

student at the Ecole Polytechnique, and a statistics professor at Columbia) developed a statistical technique for detecting bubbles that they tested on data from the dot-com heyday. If you've been wondering whether LinkedIn's stock — selling as I write this for about $72 a share, down from a high of $122.70

Company 15

Company Finance Price IPO 15

Harvard Business Review

MAY 24, 2013

In the book, I tell the stories of scale-up entrepreneurs from around the world, and how they beat the odds to make a mark on their markets. I used to think our great technology would take us to leadership in our market — now I realize it is our team, our organization, our marketing and our ambition to sell.

Entrepreneur 8

Entrepreneur IPO Open-book Marketing 8