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StrategyDriven Editorial Perspective – Panic of 1907 vs Great Recession of 2008

Strategy Driven

He went on to describe the similarities between the banking crisis of 1907 – the one that inspired the formation of the Federal Reserve – and the more recent 2008 financial crisis. As the underwriting weaknesses of subprime portfolios became known, banks stopped lending to each other, paralyzing credit markets.

Banking 50
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The Irish Banking Crisis: A Parable

Harvard Business Review

Umair Haque Blogs Umair Haque On: Global business , Competition , Economy The Irish Banking Crisis: A Parable 4:33 PM Monday November 29, 2010 | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print Once upon a time, there was a country where bankers disappeared. And thats exactly the role that pubs began to play.

Banking 15
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Inside Facebook's Internal Innovation Culture

Harvard Business Review

But one big part of the Facebook story that rarely gets told is that of the company's internal innovation culture. Our conversation revealed these innovation tips that Facebook is currently following — and shared exclusively with HBR. Encourage everyone — even those in the C-suite — to learn by making.

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Fixing the Euro Zone and Reducing Inequality, Without Fleecing the Rich

Harvard Business Review

But today this malaise is most acute in the euro zone , where demand has been depressed due to counterproductive fiscal policies. The policy response to the global financial crisis exacerbated and entwined these trends still further. With fiscal remedies on the sidelines, monetary policy had to take up the slack.

GDP 8
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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

K-Mart, long the dominant discount chain had gotten comfortable with its leads over competitors. Resulting from inflexible conditions, obsolete policies-procedures, procrastination, attitude, resistance to innovation, failure to change. Current management of both companies were ill-advised on handling the crises.

Crisis 59
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Using Supply Chains to Grow Your Business

Harvard Business Review

Innovative, proudly geeky Norwegian software company, Trolltech , an open-source pioneer, landed a contract with the mobile division of Sharp, the Japan-based consumer electronics global powerhouse. In fact, advanced payments may be just the kind of proof that banks or equity investors need to open their pocket books.