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Why the Keystone Pipeline Is the Wrong U.S. Energy Debate

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The Keystone XL — a proposed addition to a network of pipelines running from the Canadian oil sands to refineries in Texas — has become the political football of the moment. It was the first issue that Sen. Joni Ernst addressed in her response to last week’s State of the Union address, and yesterday the Senate passed a bill forcing its approval. President Obama, however, has said he’ll veto Keystone, and ...

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Is the Long Wait for an Interest Rate Increase Getting Longer?

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Interest rates are not likely to edge up before June, given the Fed’s call for “patience” and inflation readjustments, says Wharton’s Krista Schwarz.

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How to Really Listen to Your Employees

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Let’s face it: strong leaders tend to be characterized by their strong opinions, decisive action, and take-no-prisoners attitude. These are important traits, but it’s equally important for managers to stand down and listen up. Yet many leaders struggle to do this, in part because they’ve become more accustomed to speaking than listening. So, how can you develop this muscle? What are the barriers to good listening and how do you overcome ...

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The Decline of the Rural American Hospital and How to Reverse It

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There are two kinds of health-care innovation: more-for-more and more-for-less.

The American health-care system exemplifies the first kind, offering more and more value at higher and higher costs. If you have the money and can travel, the U.S. is the place to take advantage of the latest innovations such as proton-beam cancer-radiation therapy, for which the equipment and facilities cost about $1 billion.

Despite these high-cost innovations (American consumers spend more on health ...

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Google Glass Failed Because It Just Wasn’t Cool

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It was hailed as the greatest product since the iPod … the wheel … the car. Instead, it turned out to be more like New Coke or the Segway. So what went wrong with Google Glass?

It’s not that Google Glass looked absurd — people wear silly fashions every day. It’s not that it was overpriced — people collect luxury watches and handbags every day, too. Google Glass’s failure was a story ...

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Accomplish More by Committing to Less

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Believing that more is always more is a dangerous assumption.

There’s a cost to complexity. Every time you commit to something new, you not only commit to doing the work itself, but also remembering to do the work, dealing with the administrative overhead, and to getting it all done in the time constraints involved.

The unfortunate result of taking on everything that comes your way is that you end up spend more of your time managing ...

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An Important Data Lesson from an Inconsequential Football Scandal

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As “Deflategate” rattles the National Football League in the run-up to this year’s Super Bowl, data analysts have swooped in, including Warren Sharp, one of many self-styled football analysts who blog about the topic. In a Slate article he analyzes the fumbling rate of the New England Patriots — the team accused of purposefully underinflating footballs to gain an advantage. The headline to his analysis calls the Patriots’ fumble rate ...

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The Silver Lining in Bad Weather: Higher Productivity

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The blizzard in the U.S. Northeast earlier this week didn’t create as much disruption as feared. In fact, such bad weather could actually lift productivity, says one Wharton expert.

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The New Business Plan for Executives Who Want to Do Good

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The Inter-American Development Bank’s corporate social responsibility program is intended to generate goodwill and spur a concrete increase in a company’s revenues.

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Building a Software Start-Up Inside GE

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Is your company ready to compete in a world of smart, connected products? For some time now we’ve been living into a smarter world filled with Big Data and analytics, and a more connected one that’s been described as “the internet of things.” In this world, customers expect their suppliers to surround their products with data services and digitally enhanced experiences. This means that many organizations and their leaders are ...

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