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" ... First, these commitments for tariff reduction are to be phased in over 20 years. One must ask: how relevant, then, will RCEP be to altering trade flows and economic performance in the near term or even the medium run? ... "
" ... Instead, focus on making New Year’s commitments. First and foremost, a commitment to start some new investments, and change direction on some others. ... "
" ... The belief that individuals and teams are accountable for completing tasks, doing what they said they were going to do and keeping commitments is a short-sided view of accountability. What if your tasks and commitments aren’t achieving your desired outcomes or business results? Then you are only accountable for activity without a clear purpose. Many organizations are stuck in busyness that wastes time, energy and effort because the focus is on doing instead of outcomes. Also, when you delegate tasks, have you ever seen an individual put in the effort to complete the task, but it didn’t meet expectations? Yes! Why? Because, the commitment was for the effort of doing the task, not on achieving the outcome desired from doing the task. ... "
" ... VC funds, like startups, have their own unique set of cashflow issues that aren’t well known outside of the investor community. Funds rely upon their own investors – “limited partners” - to provide the capital that then flows into their portfolio companies. These limited partners into VC funds can vary widely, from wealthy individuals making $100,000 commitments to sovereign wealth funds committing $50m and larger checks. ... "