Harvard Business Review

JANUARY 9, 2015

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

GDP Bond Banking Policies 8

N2Growth Blog

NOVEMBER 19, 2010

I would also add that it works at home as well.

Blog 419

Blog Leadership Emotional Intelligence CEO 419

Harvard Business Review

JUNE 26, 2012

The United States has its own money because the Federal Reserve can — and will — print unlimited dollars to avert sovereign default or rescue banks. It can beg the European Central Bank to lend it money. The ECB will not promise to lend Spain enough money to rescue banks or prevent sovereign default. Imports surged.

GDP 9

GDP Banking Price Crisis 9

Harvard Business Review

DECEMBER 28, 2017

After being denounced for years for its dictatorship and destructive economic policies, Zimbabwe entered a new chapter in November 2017, following the military’s removal of president Robert Mugabe, who ruled the country for 37 years. ALEXANDER JOE/Getty Images. Progress on resolving these issues will be slow and incremental.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

APRIL 5, 2012

Serodio thought a post I had written citing the complaints of former European Central Bank chairman Jean-Claude Trichet and author Jonathan Schlefer was too dismissive of modern macro, in particular the dynamic stochastic general equilibrium (DSGE) models that dominate academic and central bank macro research.

Banking 13

Banking Real Estate Crisis Policies 13

Harvard Business Review

JULY 27, 2015

To be sure, excessive austerity is bad macroeconomic policy. 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.

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

OCTOBER 5, 2016

While meeting this challenge is a clear priority for policy makers and donors, it is also a major profit opportunity for commercial players who can solve market failures and create real value. A major challenge for international development efforts is determining which financial tools provide durable buffers against such setbacks.

Microfinance 11

Microfinance Insurance Banking Bottom-up 11

Harvard Business Review

JULY 7, 2016

Banks often are unwilling to take the risk of financing small and midsize companies. The cartels, like that of Pablo Escobar, financed the FARC (and the ELN, another left-wing terrorist group) in return for protection. Until recently, when the price of oil collapsed, Colombia enjoyed trade surpluses.

Tourism 10

Tourism Finance Banking Long-term 10

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

MAY 29, 2017

Russia’s recent economic downturn, precipitated by the collapse in energy prices, has also contributed to more conservative state policies at the expense of economic reforms – which undermines the business climate and long-term growth prospects. Meanwhile, the government’s fiscal policies are reducing domestic demand.

Policies 9

Policies Supply Chain Politics Operations 9

Harvard Business Review

SEPTEMBER 29, 2014

In the 1900s, French mathematician-economist Leon Walras envisioned prices in a market economy being set by an auctioneer (since known as the “Walrasian auctioneer”) conducting continuous auctions for all kinds of commodities. Consider first the increasing use of auctions, which have a distinguished history in the development of economics.

Strategy 13

Strategy Black-Scholes Airlines Price 13

Harvard Business Review

OCTOBER 9, 2014

” He was making the point that it is always hard to summon the will to enact big, new policy ideas, even when they appear perfectly logical. Congestion pricing. Until some dramatic development galvanizes people to act, they sit on the shelf. They address very specific problems in very smart ways. Medicare vouchers.

Politics 8

Politics Health Care Budgeting Insurance 8

Harvard Business Review

APRIL 16, 2012

This raises the question of whether retaining strategic cash makes economic sense and should be viewed as a legitimate corporate finance tool in today's environment. Strategic cash also can be used to finance long-term reinvestment programs in the business—which is especially valuable to companies in capital-intensive industries (e.g.,

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

MAY 19, 2016

In the wake of the 2008 financial crisis, there was a lively debate among policy makers and academics about whether a similar gap “ between the skills workers have and the skills businesses say they need ” contributed to the increase in unemployment. The labor force adjusted to a new technology replacing an older one.

Skills 13

Skills Education Policies Learning-by-Doing 13

Harvard Business Review

SEPTEMBER 15, 2017

Conventional wisdom is that CEOs buy back stock to manipulate the short-term stock price. It boosts prices in the short run, but the real way to boost the value of a corporation is to invest in the future, and they are not doing that.” Fewer companies would go public, instead financing themselves by taking on more debt.

Short-term 8

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

Harvard Business Review

MAY 24, 2012

It faced a 21% prime rate on its floating debt, falling oil prices, and recession in the developed countries. Ironically, Brazil was already attempting to retrench and adjust, but bank retrenchment and "redlining"—treating the whole region as being the same—resulted in over 25 countries falling into arrears by 1983.

Crisis 11

Crisis Banking Politics GDP 11

Harvard Business Review

MARCH 13, 2012

As long as it's subsidized, there is little pressure to compete on price. To be competitive and sustainable, alternative energy sources must ultimately match — or outperform — fossil fuels on price and performance. One reason that clean energy tends to be more expensive than fossil fuel is that it can be.

Energy 10

Energy Price Long-term Banking 10

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. government securities to keep interest rates down — in the process generating lots of monetary stimulus — and kept dictating monetary policy after the war. History has not judged his tenure well.

Banking 9

Banking Rogers Career Education 9

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. The Greek problem isn’t, as Krugman insists, a classic problem of macroeconomic policy.

Restructuring 8

Restructuring Policies Crisis Banking 8

Harvard Business Review

MAY 4, 2012

After more than 18 months, a dozen and a half summits, multiple rounds of austerity, a trillion dollars of liquidity, and now elections in Greece and France that threaten to overturn the fragile policy consensus in Europe, the Euro-crisis rumbles on. First, what if the price of saving the Euro is the end of the wider European project?

Crisis 11

Crisis Bond Banking Short-term 11

Harvard Business Review

MAY 31, 2012

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Drew quickly retired after the losses, and Iksil and Macris are, according to news reports, leaving the bank. Its purpose: to remedy unfair windfalls.

CIO 8

CIO Committee Risk Management Banking 8

Harvard Business Review

FEBRUARY 20, 2014

Yes, there are real reasons for MNCs to be concerned about political instability in Turkey and Ukraine, and economic policies in Argentina and China – all of which have occupied front pages recently. The excessive bad debt in China’s shadow banking system, however, could lead to a real crisis. Economy Finance Global business'

Crisis 8

Crisis Marketing Contingency Plans Execution 8

Harvard Business Review

NOVEMBER 6, 2014

For policy-making purposes economists assume that all businesses act rationally in the pursuit of profits. banking assets and as such are “too big to fail”). Economy Finance' This is a reminder that serious students of market performance take market failures seriously. See the rest of the series here.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

For policy-making purposes economists assume that all businesses act rationally in the pursuit of profits. banking assets and as such are “too big to fail”). Economy Finance' This is a reminder that serious students of market performance take market failures seriously. See the rest of the series here.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

APRIL 16, 2018

Sloan kept the corporate staff small and focused on policy making, corporate finance, and planning. Sloan realized that GM couldn’t compete on price, so GM created multiple brands of cars, each with its own identity targeted at a specific economic bracket of American customers.

Transportation 8

Transportation Automotive Brand Engineering 8

Harvard Business Review

FEBRUARY 24, 2011

But why compare apples (book value) to oranges (share price and dividends)? He wants to attract intelligent investors who desire a long-term investment in a business they can understand and follows policies they support. In all but seven of these 45 years, Berkshire beat the S&P. He calls "a climate of fear" an investor's best friend.

Letter 15

Letter P&L Net Present Value Insurance 15

Harvard Business Review

AUGUST 22, 2016

Recent problems in Kenya’s banking sector have rekindled the necessity for regulators to push for tougher auditing reforms as well. From Nigeria to South Africa , retail investors are still below pre-Great Recession levels. They have defied assurances by market regulators that they offer fair products and services in the exchanges.

Insurance 8

Insurance Incentives Quality Marketing 8

Harvard Business Review

JANUARY 10, 2013

This escalation illustrates a significant change: highly expensive scandals across business sectors , not just in single companies, and this is reflected in the January 7th agreement by major banks to pay $8.5 In the past, some multi-company problems have been due to introduction of a detailed regulation or to a change in enforcement policy.

Finance 9

Finance Banking Press Release Pharmaceuticals 9

Harvard Business Review

JULY 12, 2017

In effect, they all had skin in the game, which remains one of the most elusive elements of modern finance. Admittedly, this shift will be hardest on the established monoliths in the industry, for it will require uncomfortable transparency and price corrections in their business models.

Insurance 12

Insurance Industry Market Penetration Policies 12

Strategy Driven

MARCH 2, 2012

The Corporate Strategist is an idea person who has run businesses, knows about all other categories, deals in concepts and policies, and possesses sophisticated understanding and insight. In budgeting for and pricing consulting services, budget for consulting at the start of the fiscal year, averaging 10 percent of gross sales.

Consultative 60

Consultative Short-term Budgeting Strategic Planning 60

Harvard Business Review

JANUARY 9, 2015

And certainly Europeans are alarmed about Russia, which is absolutely on a road to ruin: low oil prices, increasing concern about default, about expansion of the fight in Ukraine, about near misses between Russian military aircraft and European commercial aircraft. The “weaponization of finance” is also high on your list.

Globalization 8

Globalization Banking Politics Crisis 8

Harvard Business Review

FEBRUARY 21, 2018

In banking, Wells Fargo and Fifth Third Bancorp also announced pay increases for minimum wage employees. Some major companies have announced plans to boost employee pay. Target raised its minimum wage to $11 this past fall and committed to $15 by 2020. More recently, Walmart announced plans to match that increase to $11.

Crisis 8

Crisis Retail Long-term Banking 8

Harvard Business Review

AUGUST 29, 2018

For many of us, it’s finances that keep us from making a career change. We worry and wonder: What would a career change do to our bank accounts? At the end of your trial, revisit your budget or your banking statements to see how you did. Who wouldn’t want a meaningful career and better balance between work and home?

Career 13

Career Budgeting Short-term Planning 13

Harvard Business Review

NOVEMBER 20, 2015

One result is that they keep their cards close to their chests about what they are looking for (at first), while expecting you to reveal everything – your finances, pricing, ownership, human resources, production processes, quality assurance, customer service procedures, KPIs, and existing customers. Partner with procurement.

Supply Chain 8

Supply Chain Collins Golden Handcuff Pharmaceuticals 8

Harvard Business Review

JULY 7, 2015

You will lose the bankers if your guidepoint is startups rather than growth; it is not banks’ business to invest in startups with few assets to secure as guarantees. Tip 5: Study the financing food chain starting from the end, not the beginning. Don’t ignore the companies who are leasing equipment to growth firms.

Innovation 8

Innovation Planning Tourism Venture Capitalist 8

Harvard Business Review

SEPTEMBER 14, 2012

Paul Tucker, Deputy Governor of the Bank of England, and the person leading the Financial Stability Board's recovery and resolution work programme, believes that banks have "nowhere to hide" in the post-crisis era and must face navigate stress in the future without relying on Government support. Iceland, Ireland).

Banking 8

Banking Crisis Short-term Long-term 8

Harvard Business Review

JANUARY 7, 2014

The boom-bust tendencies of Wall Street mean we need tougher capital requirements for banks, Greenspan now says, and maybe even a forced return to the partnerships that once dominated investment banking. For example, Shiller was saying that since 1996.’”]. And I say a bubble. But they can change the law. It was curtailed slightly.

Long-term 12

Long-term Banking Short-term Finance 12