Remove Banking Remove Development Remove Diversity Remove Risk Management
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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

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There Is No Invisible Hand

Harvard Business Review

Let banks charge much more than 5% interest, and they will lend to "prodigals and projectors," precipitating bubbles and crashes. Finally, in 1954, Kenneth Arrow, at Stanford, and Gerard Debreu, at the Cowles Commission at Yale, developed the canonical "general-equilibrium" model , for which they later won the Nobel Prize.

Crisis 19
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How We Think About Innovation at Cisco

Harvard Business Review

To keep up, new standards, architectures, and infrastructures will have to develop at the same pace. Internal diversity. A 2013 study found that companies with a diverse workforce – both culturally and in terms of professional experience – “out-innovate and out-perform others. Experts from outside industries.

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Talent Management: Boards Give Their Companies an "F"

Harvard Business Review

In one of the most comprehensive global surveys of corporate directors to date, we found that they were very worried about developing and enacting strategic plans that will enable their organizations to succeed. Not innovation, risk management, technology, debt, or the regulatory environment. Not competitive threats.

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7 Charts Show How Political Affiliation Shapes U.S. Boards

Harvard Business Review

Our limited sample suggests that both groups agree that board leadership should serve as champions of board diversity, but they differ on the policies they advocate to increase board diversity. Meanwhile, Democrats place greater importance on technology expertise and risk management. Why does all this matter?