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U.S. Social Security Administration early accounting operations in Baltimore circa 1936 (Source: Wikimedia Commons)

Computer Says ‘Yes’ – The Impact of IT Investment

Idea posted: September 2013
  • Strategy
  • Finance

The impact of information technology on an organization’s profitability can be significant but it needs to be strategically managed, from the top down. View your IT management as a corporate rather than a departmental issue.

The key message for today’s leaders is, choose the right kind of IT projects, spend your money wisely, and focus on growth over cost savings. 

Idea #219
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The Addams Family. TV series on ABC from 1964-1966, 20th Century Fox Home Entertainment (Source: Wikimedia)

The Ties That Bind: How Family Businesses Create Value

Idea posted: March 2013
  • Finance
  • Innovation & Entrepreneurship
  • Operations

Family businesses contribute a significant proportion of GDP to economies worldwide, yet they are not always seen as attractive propositions to investors.

On the one hand, family-controlled businesses are admired and respected for ‘weathering the economic storms’, for adhering to their core values, and for taking a long-term approach. On the other hand, the very thing that knits them together, the family shareholders, can have different priorities to other shareholders, creating a conflict of interest which can be an obstacle to value creation.

How can these companies

Idea #109
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