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Managing Risks Means Managing Arguments

Harvard Business Review

The tick-borne illness kept JPMorgan Chase's Ina Drew out of the office for extended periods in 2010 and 2011. That discord in 2010 and 2011 contributed to the chief investment office's losing trades in 2012, the current and former bankers said. How Competitive Intelligence Rules Encourage Cheating.

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JP Morgan's Loss: Bigger than "Risk Management"

Harvard Business Review

A rules and compliance-based approach may work well for managing preventable risks, but is inadequate for strategy and external risks as companies that failed during the financial crisis illustrated all too well. How Competitive Intelligence Rules Encourage Cheating. The compliance-oriented risk manager of a failed U.K.