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How a Turkish Bank Became the Employer of Choice

Harvard Business Review

But, as the story of Samsung demonstrates, recruitment is very much on the minds of emerging-market companies. 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.

Banking 11
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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. Jeff Skilling, as a condition of his employment at Enron, insisted the company adopt mark-to-market accounting. Of course the right people have to be setting the rules.

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Idle Funds are the Devil's Playground

Harvard Business Review

vision of financial world order; as Time magazine reported, he was "bursting with hubris over its booming equity markets and its just-announced 5.6% 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.

Banking 11
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Hugo Chavez Was No Outlier

Harvard Business Review

This position also meant that governments were continually intervening in markets with price-setting and regulations, as well as with government ownership. 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.

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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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Backdoor Government Decryption Hurts My Business and Yours

Harvard Business Review

Every single customer can trust us to encrypt all of their files with bank-grade technology before we back them up to our cloud servers. companies to reverse years of enhancements and innovations in secure online transactions and data storage that power the world’s largest retail e-commerce market , valued at $238 billion.

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Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

public companies from the 1960s up to 2005 in HBR: “Since the mid-1990s, a new competitive dynamic has emerged — greater gaps between the leaders and laggards in an industry, more concentrated and winner-take-all markets, and more churn among rivals in a sector.” The competition story revolves around digital technology.