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Economists’ Ties to the Financial Sector

Strategy Driven

In this PBS Newshour video, Business and Economics Correspondent Paul Solman talks to Charles Ferguson, director of the Academy Award winning documentary, Inside Job , a film that raises concerns about conflicts of interest for economists in academics and their work within the financial sector. All rights reserved.

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Inside Job – Unveiling Economists’ Ties to the Financial Sector

Strategy Driven

Paul examines how the film – which raises concerns about conflicts of interest for economists in academics – is influencing some leading economic thinkers. Copyright 2007-2011 by StrategyDriven, Inc. The Alfred P. Sloan Foundation provided funding for this project. Consider leaving a comment! All rights reserved.

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StrategyDriven Editorial Perspective – No Free Lunch

Strategy Driven

If you enjoyed this article, let us keep you up-to-date on other newly published insights by signing up for our complimentary StrategyDriven Newsletter Copyright 2007-2011 by StrategyDriven, Inc. Consider leaving a comment! This content is intended for personal and non-commercial use only. All rights reserved.

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Departed Client Analysis: Opening Formal Channels of Feedback to Improve Customer Retention

Strategy Driven

The source of much of this faulty information is client service personnel, who ultimately are not in an objective position to gather and share unbiased feedback, due to factors such as personal client relationships and potential conflicts of interest. For more information about Richard, click here. Consider leaving a comment!

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A Lesson from Warren Buffet about Ethical Blind Spots

Harvard Business Review

The data seem clear on David Sokol's conflict of interest in the Berkshire/Lubrizol deal. As we discuss in our April 2011 HBR article "Ethical Breakdowns" , mounting research shows that we often fail to notice others' unethical behavior if it's in our interest not to notice. Had Buffet suddenly gone over to the dark side?

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Bonuses Should Be Tied to Customer Value, Not Sales Targets

Harvard Business Review

That is perhaps the most frequent question I’ve received since 2011 when GlaxoSmithKline changed the link between the bonus pay of our pharmaceutical sales professionals in the United States and the numbers of prescription sold for a particular medicine. So, we realized that “how” we do our job is just as important as what we do.

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The Steep Psychological Price of Starting Your Own Company

Harvard Business Review

The researchers chalk it up to an unconscious desire to please the client in an effort to open up future employment opportunities — a mind-set that, the researchers argue, exposes their employers to significant risk from both inaccurate work and the appearance (if not the fact) of a conflict of interest. —Andrea Ovans.

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