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Everything that’s wrong with Microsoft, as told by veterans who abandoned the company

It’s possible, even likely, that Microsoft is about to enter the darkest period in the firm’s history. Darker, even, than July 2000, when it seemed the US government might dissolve the house that Bill built, and force the company to be split into two different companies.<p>The revenue Microsoft earned …

The Truth About Marissa Mayer: An Unauthorized Biography

On the morning of Thursday, July 12, 2012, Yahoo's interim CEO, Ross Levinsohn, still believed he was going to be named permanent CEO of the company.<p>He had just one meeting to go.<p>That meeting was a board meeting, to be held that day in a room on the second floor of Yahoo's Sunnyvale, Calif., …

Praise Entrepreneurs, Not Cubicle Capitalists

Last week, I observed six senior Fortune 100 executives discussing a desperately-needed digital strategy. They each sported the obligatory hallmarks of business success: expensive Italian suits, carefully manicured hairstyles and company-issued smartphones resting on dark leather compendiums. You …

How Modern Economics Is Built On 'The World's Dumbest Idea'

I reported earlier this month that the Financial Times published a pair of important articles asking why the goal of a firm is to maximize short-term shareholder value is still being taught in business schools.<p>“While there is growing consensus that focusing on short-term shareholder value is not …

10 Ways to Avoid Making A Huge Hiring Mistake

Entrepreneur Vanessa Merit Nornberg knows the incredible importance of strong salespeople.<p>The founder of New York-based Metal Mafia, a wholesale line of body jewelry, sells over the phone 7,000 products like eyebrow and belly rings that cost just 2 cents to $2.<p>But how your employees sell--and how …

Japan Is About To Prove Keynesian Economics Entirely Wrong

Or we could run the headline as “Japan is about to prove Keynesian economics entirely correct”. For we’ve that wonderful thing going on, that extreme rarity in economics, a natural experiment. One which will either prove or disprove the central tenet of popular Keynesian economics. Please note, I …

Why the Lean Start-Up Changes Everything

Launching a new enterprise—whether it’s a tech start-up, a small business, or an initiative within a large corporation—has always been a hit-or-miss proposition. According to the decades-old formula, you write a business plan, pitch it to investors, assemble a team, introduce a product, and start …

How The Best Salespeople Make The Sale

There are a lot of misconceptions about how to sell effectively. Some people dive in with just one goal in mind: to close the deal. Others wing it and hope that their charm, talent and knowledge of the product or service they are pushing will get them the sale. A few salespeople even think the best …

The Lunacy of Our Internet Access, and How Google Could Provide Shock Therapy

Imagine you are the world’s largest operator of shopping malls, and shoppers can only get to your malls via the equivalent of dirt paths and country roads. What’s more, those meager routes are all controlled by an oligopoly of private, toll-road operators that focus on their profitability, not on …

What To Do When You Don't Know What To Do: A Case Study

The uncertainty we all face every day—everything from wondering if we will we have a job tomorrow to whether the weather (hurricanes; massive storms) will up-end our lives—is like being on a confusing road trip. You know where you want to go, but the incomprehensible road signs, congestion, …

Amazon's Letter To Shareholders Should Inspire Every Company In America

Late last week, Amazon CEO Jeff Bezos published his latest letter to shareholders.<p>This year's letter, like most of Bezos' letters, should inspire most companies to change the way they do business.<p>Specifically, it should inspire companies to do business the way Amazon does business — sacrificing <i>this</i> …

15 Things Successful People Do

“Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome.”<p>Whether in business or …

The One Thing All Successful Entrepreneurs Have In Common: A Case Study

What entrepreneurs need most of all—above motivation, focus, hope, financing, marketing skill, a brilliant idea, etc.—is desire.<p>Unless you truly want to make something happen, the odds are nothing will. Without that desire, nothing else matters…or occurs. Your life will be filled in other …

The most frequently highlighted passages in famous business and management books

A welcome consequence of the digitalization of our lives and media is the creation of streams of data that weren’t previously accessible. One of those is the book passages most highlighted by users of Amazon.com’s Kindle e-reader software.<p>It’s magical to see the short selections of writing that …

Self Control

Seven Rules for Managing Creative-But-Difficult People

Moody, erratic, eccentric, and arrogant? Perhaps — but you can’t just get rid of them. In fact, unless you learn to get the best out of your creative employees, you will sooner or later end up filing for bankruptcy. Conversely, if you just hire and promote people who are friendly and easy to …

Ambani brothers join hands on telecom infrastructure

<b>Mumbai/New Delhi:</b> Mukesh Ambani’s 2010 truce with younger brother Anil Ambani led to the first commercial accord between the two on Tuesday—a …

India

Hot Gaming Startup Supercell Is Closing A Round Above $100M At Valuation Around $800M

Supercell is a very quiet, humble mobile gaming company out of the very quiet and humble city of Helsinki, Finland. Unlike their brasher, Angry Birds-making brethren a 15-minute drive away in Espoo, they don’t like to talk much about anything beyond making games and about the company culture …

Angry Birds helped Rovio double its revenues to £129m in 2012

Angry Birds games attracted 263m monthly active players in December 2012, helping their publisher Rovio double its revenues for the calendar year.<p>The …

Moleskine comes in handy again, pulling off Italy’s first IPO in a year

Moleskine, maker of the iconic notebooks bound in coated cardboard, started trading on the Milan stock exchange today, Italy’s first IPO since cashmere specialist Brunello Cucinelli debuted in April 2012. Investors have yawned at the Moleskine offering so far, barely pushing the stock above its …