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...talk about how winning strategies aren't transitive. What's the lesson for managers? One mistake managers make is they'll read a book that says: Here are the eight things great managers do. They figure if they just live up to those attributes then they'll succeed. Well, no. It's not the attributes that matter, it's the circumstances - what's going on around them. Almost all successful strategies are circumstance-based, not attribute-based. Boeing, for instance, a very smart company, had outsourced a lot of their products, but then they outsourced the design...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

...that as they get larger they get more boring. For compensation, one way to mitigate risk is to defer some chunk of compensation so that it's only success over time that you get paid for. Having a compensation czar dictate who should earn what is probably not a great solution...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

...involved. They weren't offered any compensation - and only one turned him down. Powazek laid the photos out using Adobe InDesign, put together an introduction and sent it off to MagCloud. By the dawn of Sept. 25, barely 48 hours after the dust storm, Strange Light: Photos from the Great Australian Dust Storm was ready to roll off the presses. (See the top 10 magazine covers...

Author: /time Magazine | Title: From Natural Disaster Comes ... an Instant Magazine | 9/29/2009 | See Source »

...always nice to compete against our peers,” Sheldon said, “teams that have similar commitments to us and are held to the same obligations academically. It is also a great confidence builder to be able to beat other Ivy League teams, as we will be facing them a lot more come the spring part of our schedule...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: Harvard Captures First Team Victory | 9/28/2009 | See Source »

...Russians suggested last week that further sanctions may be in order if Iran does not come clean about the secret facility and other older questions about Tehran's nuclear program. "The Iranians are in a very bad spot now because of this deception, in terms of all of the great powers," Defense Secretary Robert Gates told ABC News on Sunday...

Author: /time Magazine | Title: Power to Chaos — Tracking Iran's Four-Month Slide | 9/28/2009 | See Source »

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