Harvard Business Review

AUGUST 30, 2018

Although cross-border data flows grew 45x between 2005 and 2014, according to a McKinsey analysis , events since 2014 have pushed the pendulum to swing away from unconstrained data globalization. India’s finance ministry has proposed such an approach to the central bank.

Supply Chain 10

Supply Chain Globalization GAAP Policies 10

Harvard Business Review

DECEMBER 27, 2013

The largest businesses are able to secure financing with relative ease and on strong terms, including historically low interest rates. It’s not that the banks aren’t lending. Banks actually increased large business loans (defined by the FDIC as loans over $1 million) by 23% from 2007 (pre-recession) to 2012 (post-recession).

Banking 8

Banking How To Finance Committee 8

Harvard Business Review

OCTOBER 20, 2016

Meanwhile the Institute of International Finance forecasted net capital flows for emerging markets in 2015 would be negative for the first time since 1988. While international lending, as measured by cross-border banking claims at the Bank for International Settlements, has declined $2.6 And in 2014, Pfizer, the U.S.

Globalization 8

Globalization Banking Policies Politics 8

Harvard Business Review

FEBRUARY 20, 2014

Multinational companies do have their work cut out for them, and should take a second look at their 2014 plans — but this requires separating the signal from the noise to focus on their most important management challenges. That said, 2014 disruptions are unlikely to diminish medium-term growth, presenting an opportunity to “buy low.”.

Crisis 8

Crisis Marketing Contingency Plans Execution 8

Harvard Business Review

SEPTEMBER 19, 2014

Less than 30% of the population have bank accounts, and even fewer have credit cards. More people have mobile money accounts than bank accounts in at least nine African countries, up from four in 2012. ” This has been driving ever closer relationships between banks and mobile operators.

Banking 8

Banking Retail Wireless Operations 8

Harvard Business Review

NOVEMBER 28, 2012

For example, I know a bank executive who had twenty years of great community banking experience, but no bachelor's degree. When his institution was bought out, no other bank would even consider him for a job. In fact, in recent years all careers have seen an escalation in the credentials needed to succeed.

Career 8

Career Skills Cost-Benefit Analysis Banking 8

Harvard Business Review

NOVEMBER 7, 2018

In recent years, much has been written about how the Blockchain is poised to transform traditional industries such as banking, real estate, and healthcare. More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). 3 Defenses of Large ICOs. 3 Defenses of Large ICOs.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

DECEMBER 28, 2017

Even before announcing his new cabinet, Mnangagwa installed a key reformist, Patrick Chinamasa, as acting finance minister, tasked with tackling corruption and re-engaging with international institutions to unlock funds to ease liquidity shortages. Mnangagwa’s first actions in office underscore how important he views economic recovery.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

JULY 27, 2015

This is where the July 2012 memorandum of understanding between Greece and the Troika (the International Monetary Fund, European Central Bank, and the European Commission) failed miserably; the previous government, much like Syriza, wanted to preserve the status quo. growth in late 2014 to a 2.5% In a country slipping from 1.8%

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

MAY 29, 2017

For example, in 2014, at the onset of the sharp deterioration in U.S.-Russian For instance, a 2014 law mandates that the government must show preference for local manufacturers over foreign firms when granting public tenders, without regard to differences in quality. ” Similarly, hours after the U.S.

Policies 9

Policies Supply Chain Politics Operations 9

Harvard Business Review

APRIL 5, 2018

Back east, established firms worked with big banks to launch new enterprises. In 2014 a graduate student at Stanford named Etosha Cave and two colleagues began their entrepreneurial journey. If you have an idea to apply mature technology to a well-understood problem, it’s relatively easy to get it financed.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

FEBRUARY 17, 2016

In Kenya, half of the population uses M-PESA , a mobile payments solution that doesn’t require a bank account. In 2014, the Chinese company WinSun used a giant 3D printer to construct 10 houses in 24 hours. Compte Nickel charges a flat annual maintenance fee of just 20 Euros (compared to 180 Euros charged by retail banks).

Cost 8

Cost Globalization Innovation Banking 8

Harvard Business Review

MARCH 10, 2015

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. The battles may be over, but the war is just beginning. in 2012; 5.4%

GDP 8

GDP Real Estate Tourism Long-term 8

Harvard Business Review

MAY 5, 2016

The economy still hasn’t received a boost from sanctions relief, and many big banks that left the country have not returned. sanctions are delaying these projects being financed. Large European banks in particular are not ready to return to Iran even though they are permitted. However, remaining U.S.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

JUNE 29, 2015

If you ask someone who works in finance (as I had to) about PE and innovation, he or she will likely tell you that PE sponsors aren’t looking for the next big thing—they’re looking for companies that are dominant in a market, aren’t risky, and have a predictable and steady stream of cash to pay back debt.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

OCTOBER 3, 2014

Of all the generations alive today, millennials are the most willing to trade financial return for greater social impact, according to “ Millennials and Money ,” a 2014 study from Merrill Lynch’s Private Banking and Investment Group. Corporate social responsibility Finance Generational issues'

Commitment 9

Commitment Banking Class Entrepreneur 9

Harvard Business Review

JANUARY 9, 2015

In 2014, global political volatility reached an intensity not seen since the end of the Cold War. I don’t know how far he’s going to go, but I know that we’ve seen major cyberattacks against American banks , and against the White House that have come from Russia. Russia and Ukraine. Iran and Syria.

Globalization 8

Globalization Banking Politics Crisis 8

Harvard Business Review

FEBRUARY 3, 2014

What wasn’t really up in the air was whether the new head of the world’s most powerful central bank would have a doctorate in economics. The 2014 numbers above include two new Fed board members (Stan Fischer and Lael Brainard) and one renominated to a second term (Jerome Powell) who haven’t been confirmed by the Senate yet.

Banking 9

Banking Rogers Career Education 9

Harvard Business Review

DECEMBER 16, 2016

More than 10 million consumers benefited from telehealth use in 2014, and insurance carriers are increasingly covering these visits because they’re both more convenient for their members and less expensive than office visits. Leverage big data.

Health Care 8

Health Care Insurance Wireless Cost 8

Harvard Business Review

MAY 14, 2015

” In 2014, McDonald’s expended $3.2 For the decade 2005-2014, McDonald’s expended $29.4 In the period 2006 through 2014, the total pay of McDonald’s CEO varied from a low of $3.6 In 2014, when the pay of McDonald’s CEO was $6.4 million in 2014 to a high of $12.6

Price 8

Price Franchising Short-term CFO 8

Harvard Business Review

FEBRUARY 10, 2015

the movement to enhanced reporting is led by the International Integrated Reporting Council (IIRC), which is endorsed by regulatory heavy weight Mark Carney, Governor of the Bank of England. Deutsche Bank felt compelled to explain there was a good reason (in this case increased efficiency through e-learning). Outside the U.S.,

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

DECEMBER 4, 2018

And so Harry’s has been growing 35% year-on-year between 2014 to 2016, three times faster than the industry average , commanding 9% of all online razor sales. That’s why P&G has been restructuring for 20 years “ without much to show for it ,” according to one former finance manager.

Brand 12

Brand Retail Incubator Merchandising 12

Harvard Business Review

NOVEMBER 6, 2014

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. banking assets and as such are “too big to fail”). Economy Finance'

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. banking assets and as such are “too big to fail”). Economy Finance'

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

SEPTEMBER 15, 2017

” And in 2014, HBR published a lengthy feature critical of the practice. They particularly overpay when the interest rate – the rate of return required by the bank – is high, just as firms particularly repurchase when the stock price is low and thus the rate of return required by shareholders is high.

Short-term 8

Short-term Long-term Intangible Assets Rate of Return 8

Harvard Business Review

DECEMBER 13, 2013

Professionals from the banking, finance, investing, and accounting worlds. Overall marijuana sales in states where cannabis is legal could double in 2014 to hit $3 billion, according to our estimates, as Colorado and Washington begin selling cannabis to adults 21 and over. And more are joining every day.

Industry 11

Industry Retail Banking Brand 11

Harvard Business Review

JANUARY 24, 2017

Through a coordinated, systemic, prolonged intervention with dozens of institutions and thousands of individual participants, new growth of the local companies we trained has directly created over 1033 jobs, fueled by dozens of new private sector financings. strategic hires). day, scale-focused workshops and related activities.

Entrepreneur 8

Entrepreneur Mentor Banking Self-aware 8

Harvard Business Review

MARCH 14, 2016

Until 2014, Uber had fewer than 500 employees; today their headcount is around 3,000 people. Financed by VC firms. billion in a single round of equity financing, the largest private fundraising round for a VC-backed startup ever. Unicorns are: Small in size. Airbnb has raised approximately $2.3

Company 8

Company Succession Analysis Entrepreneur 8

Harvard Business Review

FEBRUARY 27, 2015

To be sure, the proposal set forth by the Greek finance minister is less detailed than that of his predecessor, and leaves some room for maneuvering, but this is a mixed blessing, as the EU, the IMF, and the ECB will need to sign off on specifics. So, clemency on loan terms might make procedural sense. Will there be progress in this regard?

Restructuring 8

Restructuring Policies Crisis Banking 8

Harvard Business Review

OCTOBER 27, 2015

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. Venture funding for European digital groups in 2014 remained a fifth ($7.75 billion in 2014.

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

OCTOBER 14, 2015

Unsurprisingly, a 2014 research report by the Federal Reserve shows that when given a choice, 69% of U.S. Bank and Wells Fargo, to startups like Ripple Labs and the company I represent, Dwolla. This has made the outdated system, especially its slow speed, painful and frustrating. consumer payers and 75% of U.S. payment system.

System 8

System Industry Report Banking 8

Harvard Business Review

SEPTEMBER 1, 2015

billion in 2014. ” (Disclosure: both were sponsored by banks.). Here’s an example from one of my coaching clients: Get my personal finances in order. Markus, a 36 year-old Swede who goes by “Notch,” was the creator of Mojang AB, the company that created the popular game Minecraft.

Entrepreneur 8

Entrepreneur Follow-up Constraint Planning 8

Harvard Business Review

MAY 27, 2015

A Main Street small business might require a term loan from a bank to buy a piece of equipment. A supplier might need a working capital loan to finance a big order. For example, the market for bank credit for small businesses has been tight, particularly for loans under $150,000.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

FEBRUARY 7, 2014

BuildDirect was founded in 1999 by CEO Jeff Booth with his good friend Rob Banks. Booth and Banks each invested $20,000 to start a company that could ship heavy home-improvement products more efficiently. Just a couple of weeks ago, BuildDirect received $30 million in additional financing led by Venture Capital firm Mohr Davidow.

Venture Capitalist 8

Venture Capitalist Brainstorming Proposal CEO 8

Harvard Business Review

MARCH 2, 2017

In the fall of 2014 my colleague Catherine Tucker and I conducted a large-scale experiment at MIT, in which 4,494 undergraduate students were offered access to bitcoin. Central banks are also actively exploring the opportunities and challenges a fiat-backed , digital currency would entail for monetary policy, taxation, and lending.

Finance 8

Finance Supply Chain Decentralization Maturity 8

Harvard Business Review

FEBRUARY 21, 2018

In banking, Wells Fargo and Fifth Third Bancorp also announced pay increases for minimum wage employees. Looking closer at the period following the financial crisis, 2010 to 2014, we find that weak demand played a key role in the recent productivity growth decline to historic lows. in 2014 to 2020. percentage points.

Crisis 8

Crisis Retail Long-term Banking 8

Harvard Business Review

NOVEMBER 8, 2017

Meanwhile, according to the Ministry of Finance , the Indian economy is operating with $45 billion less cash than it did prior to demonization. When Prime Minister Modi assumed power in 2014, he put digital transformation at the center of his plans. Then, of course, she would have needed to travel again to a bank to cash the check.

Banking 15

Banking Long-term Short-term System 15