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How a Turkish Bank Became the Employer of Choice

Harvard Business Review

Our experience at Garanti Bank shows how even in seemingly the worst of circumstances, companies can become the most attractive of employers. In 2001, Turkey experienced a financial crisis in its banking sector. Group merged its three banks (Körfez, Osmanl?, and Garanti) under the Garanti brand.

Banking 11
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Idle Funds are the Devil's Playground

Harvard Business Review

Soros was by then known as "the man who broke the Bank of England" because he had reputedly made more than a billion dollars speculating against the pound in 1992. The conflict between the IMF and Malaysia was a sign of a tipping point in the developed economies, shifting from a world of capital scarcity to one of abundance.

Banking 11
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Hugo Chavez Was No Outlier

Harvard Business Review

If economic forces were left to themselves, economic forces would victimize the peripheral nations, while the developed nations at the "center" would gain all the benefits of trade and development. Related to its foreign exchange crisis of 2001, Argentina had borrowed substantially from the IMF and other international lenders.

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The Factors That Lead to High CEO Pay

Harvard Business Review

Using data from the IMD World Competitiveness Yearbook from 2001, 2005, and 2009 for 54 countries, he also configured a model featuring power structures he expected to influence compensation, based on prior research of determinants of executive pay. 2) The development of equity markets. ” 3) The development of the banking sector.

CEO 8
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Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

The result, at least in developed nations, is a highly unequal corporate landscape, where some firms are incredibly productive and the amount of money a person makes is tied to the company they work for, not just the job that they do. .” In other words, the most digital sectors are developing a winner-take-all dynamic.

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The Former Head of the CIA on Managing the Hunt for Bin Laden

Harvard Business Review

His death was the culmination of a global manhunt that lasted more than a decade and assumed extreme urgency after the September 11, 2001, attacks. The job of a CIA analyst is to pull together all of the evidence and expertise on a given topic and provide an answer to a policy maker’s question. Challenge the Working Hypothesis.

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

The boom-bust tendencies of Wall Street mean we need tougher capital requirements for banks, Greenspan now says, and maybe even a forced return to the partnerships that once dominated investment banking. And the notion that you could calibrate monetary policy to suppress a boom against the human nature bubbling up has no factual basis.