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Strategy

Engaging Employees With “Open Book” Finance

In 2014, only 31% of American workers were engaged at work, according to Gallup, with the youngest employees—Millennials—the least engaged generation. Open Book Finance can help. Much more than just sharing the financials with your employees, Open Book is an operating system that provides employees with a direct line of sight between what they do and financial results—including their own—and the information they need to make good decisions daily.

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How to Accelerate Profitable Growth to Drive Shareholder Value Creation

A recent study of publicly traded mid-market companies revealed a group of 500 companies that outperformed their peers over the last three years on both top- and bottom-line growth. This select group of “Profitable Growers” delivered cumulative shareholder returns of 109% over the three-year period in the form of dividends and share appreciation, compared to just 38% for “Low Profit Growers” and only 53% for “Cost Cutters.”

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Fighting Back: The 6-Step Strategy Liam McGee, Former CEO of The Hartford, Used to Keep an Activist Investor at Bay

Any time an activist investor goes after your company, it’s a crisis. When Paulson & Company went after The Hartford and pushed it to split the company in two, the CEO and board members were shocked. But they were able to turn the crisis into an opportunity by following a few key behaviors. Here, in his own words, is former CEO Liam McGee's success story.

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6 Tactics for Fending Off Activist Shareholder Attacks

Attacks on CEOs of large public companies continue to make the news daily. There are lots of ways for CEOs to try to ward off such threats—and most of them have to do with just running a company the right way, with a clear strategy, optimizing opportunities, minding the bottom line, and being able to think like both shareholders and corporate raiders. But what if the wolf is already at the door, and is winning your loyal constituents over to their side? What can and should CEOs do once an activist shareholder has selected him, her, the board or the company as his prey?

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8 Leadership Tactics From a CEO Who Orchestrated a Successful Turnaround

A CEO who’s an expert in communicating goals and ideals with the people in his company can go a long way in advancing progress or in turning things around. For Kim Yost, chief of a major mid-market retailer in the Midwest called Art Van Furniture, one key to such success has been his use of symbols, icons, slogans, self-published books and even an internal video network to motivate the troops.

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How the Bullish Dollar Is Challenging CEO Decision-Making

For many CEOs, the dollar’s rise can be a decidedly mixed blessing. And a bullish dollar can test the mettle of even the shrewdest business tactician. It’s possible, with quick action, however, to take advantage of the dollar’s rise or at least buffet companies against it. But the temptation to do so can also backlash fiercely.

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