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The Harsh Reality of Innovative Companies

Gary Pisano, professor at Harvard Business School, studies innovation at companies large and small. He says there’s too much focus on the positive, fun side of innovative cultures and too little understanding of the difficult truths behind sustained innovation. From candid feedback, to strong leadership, to individual accountability and competence, to disciplined choices, Pisano says leaders need to understand and communicate these realities. He's the author of the HBR article “The Hard Truth About Innovative Cultures” and the new book “Creative Construction: The DNA of Sustained Innovation.”




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How Innovative Companies Help Frontier Markets Grow

Efosa Ojomo, global prosperity lead at the Clayton Christensen Institute, argues that international aid is not the best way to develop poor countries, nor are investments in natural resource extraction, outsourced labor, or incremental improvements to existing offerings for established customer bases. Instead, entrepreneurs, investors, and global companies should focus on market-creating innovations. Just like Henry Ford in the United States a century ago, they should see opportunity in the struggles of frontier markets, target non-consumption, and create not just products and services but whole ecosystems around them, which then promote stability and economic growth. Ojomo is the co-author of the HBR article "Cracking Frontier Markets" and the book The Prosperity Paradox.




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A Theoretical Physicist (and Entrepreneur) on Why Companies Stop Innovating

Safi Bahcall, a former biotech CEO, began his career as a theoretical physicist before joining the business world. He compares the moment that innovative companies become complacent ones to a glass of water freezing, becoming ice. The elements are the same, but the structure of the company has changed. Bahcall offers ways for growing companies to avoid these inevitable forces and continue to innovate. He's the author of the book "Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries" and the HBR article “The Innovation Equation."




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Understanding the Space Economy

Sinéad O'Sullivan, entrepreneurship fellow at Harvard Business School, discusses how space is much more important to modern business than most people realize. It plays a role in making food, pricing insurance, and steering self-driving cars. While moonshot projects from SpaceX to Blue Origin drive headlines, the Earth-facing space economy is booming thanks to plummeting costs of entry. As tech companies large and small compete to launch thousands of satellites, O'Sullivan says we are actually running out of space in space.




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Why You Need Innovation Capital — And How to Get It

Nathan Furr, assistant professor of strategy at INSEAD, researches what makes great innovative leaders, and he reveals how they develop and spend “innovation capital.” Like social or political capital, it’s a power to motivate employees, win the buy-in of stakeholders, and sell breakthrough products. Furr argues that innovation capital is something everyone can develop and grow by using something he calls impression amplifiers. Furr is the coauthor of the book “Innovation Capital: How to Compete--and Win--Like the World's Most Innovative Leaders.”




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The 3 Types of Leaders of Innovative Companies

Deborah Ancona and Kate Isaacs, researchers at MIT Sloan School of Management, say many companies struggle to be nimble with a command-and-control leadership culture. They studied Xerox’s R&D outfit PARC and the materials science company W.L. Gore & Associates and found these highly innovative organizations have three kinds of leaders: entrepreneurial, enabling, and architecting ones. These roles work together to give direction and avoid creative chaos. Ancona and Isaacs are coauthors of the HBR article "Nimble Leadership."




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Dematerialization and What It Means for the Economy — and Climate Change

Andrew McAfee, co-director of the MIT Initiative on the Digital Economy, explains how the U.S. economy is growing and actually using less and less stuff to do so. Thanks to new technologies, many advanced economies are reducing their use of timber, metals, fertilizer, and other resources. McAfee says this dematerialization trend is spreading to other parts of the globe. While it’s not happening fast enough to stop climate change, he believes it offers some hope for environmental protection when combined with effective public policy. McAfee is the author of the book “More from Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources—and What Happens Next.”




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A Nobel Prize Winner on Rethinking Poverty (and Business)

Esther Duflo, an MIT economist, won the 2019 Nobel Prize in Economic Sciences for her experimental approach to alleviating global poverty. Duflo’s early life working at a non-governmental organization in Madagascar and volunteering in soup kitchens in her native France inspired her to study economics and research the root causes of poverty. With her fellow Nobel winners Abhijit Banerjee of MIT and Michael Kremer of Harvard, Duflo showed that effective policies often go against conventional wisdom and popular economic models. The only way to find out what works, she argues, is to rigorously test solutions on the ground, and she encourages businesses to do the same. With Banerjee, Duflo also wrote the new book "Good Economics for Hard Times."




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How to Capture All the Advantages of Open Innovation

Henry Chesbrough, adjunct professor at the University of California Berkeley Haas School of Business, coined the term "open innovation" over a decade ago. This is the practice of sourcing ideas outside your own organization as well as sharing your own research with others. However, he says that despite a booming economy in Silicon Valley, companies aren't executing on open innovation as well as they should. They are outsourcing, but not collaborating, and fewer value-added new products and services are being created as a result. He's the author of the book "Open Innovation Results: Going Beyond the Hype and Getting Down to Business".




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How Workplaces — Not Women — Need to Change to Improve Equality

Michelle King, director of inclusion at Netflix, says it’s time to stop telling women to adapt to the male-dominated workplace and time for the workplace itself to change. Her prior academic research shows that diversity training and anti-harassment efforts address important issues but fall short of creating gender equality in organizations. She identifies the real obstacles and shares how leaders can create a culture of equality at work, for women and men alike. King is the author of the book "The Fix: Overcome the Invisible Barriers That Are Holding Women Back at Work.”




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Square’s Cofounder on Discovering — and Defending — Innovations

Jim McKelvey, entrepreneur and cofounder of Square, says that most companies that think of themselves as innovative are really just copycats. True innovation, he argues, is about fearlessly exploring novel solutions and dramatically expanding markets. Doing so also helps startups defend their innovations against industry giants, as Square did against Amazon. McKelvey is the author of the book “The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time.”




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Another Workplace Crisis: Loneliness

Vivek Murthy, former U.S. Surgeon General, says that, even before the Covid-19 pandemic, we were facing another health crisis: loneliness. Studies show that, around the world, more people have been feeling a greater sense of social isolation, which has many negative affects, including increased blood pressure, reduced immune response, and decreased engagement and productivity at work. But organizations can be a place where people find a greater sense of belonging. Murthy wants us to take loneliness more seriously and focus on fostering the types of authentic connections -- face-to-face and virtual -- that we need to combat it. He's the author of the book "Together: The Healing Power of Human Connection in a Sometimes Lonely World."




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GiftNowOnline.com Makes the Spirit of Christmas Shine With a Variety of Unique Gift Items This Holiday Season

If you are still looking for that cool gift for your friend or family member, make sure to stop by GiftNowOnline.com where you will be able to find one of the largest varieties of unique products and items ever found online.




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FirstQuintile Announces Completion of Major eCommerce Shop - JackOfAllTradesClothing.com, T-Shirt Sales Rocket

FirstQuintile announces the launch of a major t-shirt eCommerce shop just in time for the release of the Hobbit movie. Proving it could be done against all odds, they completed JackOfAllTrades.com for licensed apparel manufacturer of the same name.




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Covington Who's Who Selects Nancy A. Marino as an Honored Member of the Executive and Professional Registry

The selection recognizes Nancy A. Marino's commitment to excellence in the Retail industry and Consulting/Advisory sector.




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Attend Golden Spike Train Show and Stay at Nearby Comfort Inn North Atlanta Hotel

The new Comfort Inn & Conference Center Northeast, in Atlanta, GA, offers affordable accommodations to guests attending Golden Spike Train Show on January 12, 2013.




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J. Martinez & Company Fine Coffees Announces the Return of Kona Coffee

Coffee lovers everywhere, rejoice! The Kona coffee shortage has lessened, and J. Martinez & Company has Hawaiian Kona beans in stock, ready to ship.




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Want the Best Gift at the Party? How About a Mini Bust of Your Family and Friends? Announcing a New Product from Be A Doll

Be A Doll, known for their personalized action figures, has developed a new product "Be A Bust". Submit 2 photos of your loved ones and get a 4 inch likeness of their head and shoulders, mounted on a stained wood base of your choice.




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Hampton Inn & Suites Atlanta Airport Hotel on North I-85 Offers Nearby Lodging to Guests Attending Scott Antique Market

Hampton Inn & Suites Atlanta Airport Hotel (North I-85) provides affordable accommodations to guests attending upcoming 2013 Scott Antique Market Shows at Atlanta Expo Center. They are America's favorite treasure hunt.




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APW Asset Management and McTear's Announce the Largest Auction to be held in Scotland

In partnership with APW Asset Management, McTear's announced that more than 10,000 bottles of New World's finest wines will go under the hammer in Glasgow. The sale has attracted considerable interest from collectors from across the globe.




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GoldMax Announces Grand Opening of Two Stores in Riverside County, California

GoldMax USA announces the grand opening of two new stores in Murrieta, California at 40790 California Oaks Road, Suite B and C and 39209 Winchester Road, Suite 102.




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Water Interruption - Elanora

Streets affected: Angelica Street

Cause: Repair water main

W/O: 20593659

Region:

Date: 
Sunday, May 10, 2020 - 07:30 to 09:00
planned: 
0




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AATCC announces winners of J. William Wear Award




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Kingpins announces Kingpins24 online denim event





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Canada’s ALDO Group announces intention to restructure




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Kingpins announces Kingpins24 online denim event




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Nominations open for Composites UK 2020 Industry Awards




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Dealing with Occupational Burnout in Your Career

Occupational burnout is one of the top reasons cited for employees leaving a position or organization. One of the causes of employee turnover is occupational burnout which is defined as a physical or mental collapse caused by work overload or… Read More

The post Dealing with Occupational Burnout in Your Career appeared first on Anders CPAs.





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Is Your Company Equipped to Implement a Work from Home Policy? Take the Remote Work Technology Assessment

Is your company prepared to support the imminent demand for remote work options caused by the coronavirus? Take this quick Remote Work Assessment to identify potential issues in your technology environment and avoid problems later when deploying a Work from… Read More

The post Is Your Company Equipped to Implement a Work from Home Policy? Take the Remote Work Technology Assessment appeared first on Anders CPAs.




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Top 5 Ways Your Business Can Leverage Technology for Remote Work

The spread of coronavirus is creating significant disruption for many businesses. More and more companies are encouraging employees to work remotely, primarily in a Work from Home (WFH) arrangement. The ability to have your company thrive in these challenging conditions… Read More

The post Top 5 Ways Your Business Can Leverage Technology for Remote Work appeared first on Anders CPAs.




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Missouri Announces Individual Income Tax Changes for 2019 Tax Returns

The Missouri Department of Revenue has announced the 2019 individual income tax year changes, effective for the tax year beginning January 1, 2019, which will be reflected on 2019 Missouri individual income tax returns.
Income Tax Brackets
The income tax… Read More

The post Missouri Announces Individual Income Tax Changes for 2019 Tax Returns appeared first on Anders CPAs.




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Economic Nexus by State Following South Dakota v. Wayfair

The decision of South Dakota v. Wayfair is causing states to enforce economic nexus laws to collect sales tax from out-of-state sellers with a connection to the state. These laws affect online retailers and multi-state businesses who collect revenue up to the threshold amount in a state. To understand which states your business may be...

The post Economic Nexus by State Following South Dakota v. Wayfair appeared first on Anders CPA.




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VIDEO – From Then to Now: The State of South Dakota v. Wayfair

It’s been over a year since states across the country started implementing sales tax regulations. But how have businesses been impacted? The Anders State and Local Tax Services Group and Aegis Law are back with a recorded discussion on how the South Dakota v. Wayfair case has affected out of state retailers and multi-state businesses...

The post VIDEO – From Then to Now: The State of South Dakota v. Wayfair appeared first on Anders CPA.




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The federal government finally announced initial plans to distribute Gilead's coronavirus drug remdesivir after days of confusion

AP Photo/Alex Brandon

  • The federal government on Saturday announced initial plans for distributing a promising coronavirus drug, remdesivir.
  • The drug, manufactured by Gilead Sciences, was authorized for emergency use last week, but doctors and hospitals weren't sure how they were going to get it.
  • The Department of Health and Human Services now say the drug is first being distributed to health departments in some hard-hit states, and the departments can distribute it to hospitals as they see fit. 
  • Eventually, HHS expects the drug to be delivered to all 50 states, terrorities, the Veterans Health Administration and the Indian Health Service. 
  • Visit Business Insider's homepage for more stories.

The federal government released its initial distribution plans today for the promising coronavirus drug, remdesivir, which was approved for emergency use last week. 

The drug, donated by manufacturer Gilead Sciences, "will be used to treat hospitalized COVID-19 patients in areas of the country hardest hit by the pandemic," the US Department of Health and Human Services' Office of the Assistant Secretary for Preparedness and Response (ASPR) said in a press release.

See the rest of the story at Business Insider

NOW WATCH: How the Navy's largest hospital ship can help with the coronavirus

See Also:




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Take a look at what technologies retailers are introducing to revamp the in-store experience

In the US, store closures are at an all-time high. 

Business Insider Intelligence

With 88% of total sales, brick-and-mortar is still the dominant driver of retail spend in the country, but in-store earnings aren't growing fast enough to keep the doors open.

See the rest of the story at Business Insider

See Also:




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U.S. Department of Labor Announces OSHA Interim Enforcement Response Plan to Protect Workers during the Coronavirus Pandemic

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) today announced an interim enforcement response plan for the coronavirus pandemic. The response plan provides instructions and guidance to OSHA Area Offices and compliance safety and health officers (CSHOs) for handling coronavirus-related complaints, referrals, and severe illness reports.




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NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION CEO DAVID LONG ISSUES STATEMENT ON FORMATION OF GREAT AMERICAN ECONOMIC REVIVAL INDUSTRY GROUPS

The Chief Executive Officer of the National Electrical Contractors Association, David Long, issued a statement on being named to the Great American Economic Revival Industry Group for Construction/Labor/Workforce.




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NECA Safety Videos Now Available

NECA has developed safety videos for the electrical industry and encourages members and contractors to use these as educational resources.

Check out NECA Safety Orientation, NECA Job Briefings and NECA Safety Lockout/Tagout online here.




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Live Online BIM Software Training Now Available

NECA is excited to announce live, instructor-led online training on Revit and Navisworks software solutions! Throughout the month of May, NECA will be offering online classes on the most popular BIM solutions developed especially for electrical contractors, for our members at a substantial discount. Normally hundreds of dollars each, our partner Sanveo, is offering these half and full day courses for just $39.00 each!




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Banking on the Blues: How the St. Louis Economy Could Benefit from the Stanley Cup Finals

The St. Louis Blues are in the midst of a historic run toward Lord Stanley’s Cup. This is especially exciting for St. Louisans as the Blues were in dead last in the NHL as 2018 turned to 2019 with talk… Read More

The post Banking on the Blues: How the St. Louis Economy Could Benefit from the Stanley Cup Finals appeared first on Anders CPAs.




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US team develops face mask with cotton nonwoven filter




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Bedding, textile company Northwest files for bankruptcy




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Using Form 990 to Market Your Not-for-Profit

While tax-exempt not-for-profit organizations don’t typically have federal tax liability, most are still responsible for filing an annual information return with the IRS. The IRS Forms 990-EZ, and 990 are public documents that include information about the organization’s mission, programs… Read More

The post Using Form 990 to Market Your Not-for-Profit appeared first on Anders CPAs.



  • Not-for-Profit
  • Tax Planning & Compliance
  • Form 990
  • not-for-profit

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Tax Reform: Impact on Not-for-Profits

The Tax Cuts and Jobs Act is changing the way organizations do business, including not-for-profit organizations. To help you prepare for the changes and take advantage of new benefits, the Anders Not-for-Profit Group has compiled a chart on the most… Read More

The post Tax Reform: Impact on Not-for-Profits appeared first on Anders CPAs.




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Not-for-Profit Board Governance Best Practices to Implement

No matter the size of the organization, if you’re serving on the board you want to feel confident that the organization has the right governance policies and practices in place. Those pesky Form 990 questions actually offer a fantastic checklist… Read More

The post Not-for-Profit Board Governance Best Practices to Implement appeared first on Anders CPAs.



  • Not-for-Profit
  • not-for-profit

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How Not-for-Profits Can Focus on the Mission, Not the Financials

Working within a tight budget can cause some not-for-profit organizations to neglect their financial reporting. Office managers may be assigned to do the bookkeeping, but don’t have the time or expertise to do the technical accounting. Having accounting and financial… Read More

The post How Not-for-Profits Can Focus on the Mission, Not the Financials appeared first on Anders CPAs.




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How Not-for-Profits Can Take Advantage of New Guidance on Taxable Parking Benefits by March 31, 2019

Many not-for-profits organizations have been concerned about the taxability of parking and transportation benefits as a result of the Tax Cuts and Jobs Act. Fortunately, the IRS recently issued interim guidance around the treatment of these benefits incurred after December… Read More

The post How Not-for-Profits Can Take Advantage of New Guidance on Taxable Parking Benefits by March 31, 2019 appeared first on Anders CPAs.




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Charitable Giving is Down Following Tax Reform: How Not-for-Profits Should React

The Tax Cuts and Jobs Act (TCJA) significantly changed the tax benefits of donating to your favorite charity starting in 2018. Now that we’ve seen a full year with the new provisions, not-for-profit organizations are taking a look at the… Read More

The post Charitable Giving is Down Following Tax Reform: How Not-for-Profits Should React appeared first on Anders CPAs.