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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.

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Five House Rules for Managing Risky Behavior

Harvard Business Review

Set clear policies. For enterprise risk management, key policies include a statement of risk appetite and explicit risk tolerance levels for critical risks. The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior.

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Is It Good When We Know How Much Our Boss Makes?

The Horizons Tracker

The researchers analyzed a few thousand employees at a large Southeast Asian bank. The employees were asked to guess the salary of both their peers and their manager. Since 2001 this process of snooping was made that bit easy by moving the records online. How pay transparency makes us feel.

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Idle Funds are the Devil's Playground

Harvard Business Review

He cited the International Monetary Fund's 1997 judgment that "Malaysia is a good example of a country where the authorities are well aware of the challenges of managing the pressures that result from high growth and of maintaining a sound financial system amidst substantial capital flows and a booming property market." dollar deposits."

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Hugo Chavez Was No Outlier

Harvard Business Review

One can also see his continual intervention in markets, from banking to retail, as motivated by the same belief that government knows best, and that markets are not to be trusted. Related to its foreign exchange crisis of 2001, Argentina had borrowed substantially from the IMF and other international lenders.

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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 hunt for Bin Laden from 2009–2010 yielded many lessons about managing a large, complex organization that is focused on varied missions under intense pressure. Where We Started.

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The Factors That Lead to High CEO Pay

Harvard Business Review

The reasons why the disparities vary country-to-country are complex, according to a recently accepted paper for the Strategic Management Journal by LSU E.J. ” 3) The development of the banking sector. In some locations that are lucrative for top brass, there are plenty of available senior managers to choose from.

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