Either way, the Millennial generation is quickly becoming the majority workforce, and understanding them* will offer you a competitive edge in your industry (and make your job easier). This is in sharp contrast to those of a generation ago-  teacher, banking/finance and medicine.  Well, you could very well be working with a Millennial. MORE >>

On this 100th International Women's Day , it is right to reflect on how women have become the heart of the microfinance industry. The pioneering microfinance institutions sought to provide credit to poor entrepreneurs who had no assets to pledge as collateral and, consequently, were denied access to capital by the formal banking sector. MORE >>

While all industries are knowledge-based today, personal knowledge and social capital capabilities are critical to professional service firms (such as consulting, investment banking and law) and research-driven firms that depend upon the capabilities of knowledge workers, both individually and working together. Read more: [link]. MORE >>

The CFPB's estimate would serve as the empirical basis for a penalty to be paid by Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial to settle allegations of wrongful foreclosures. The CFPB estimates that banks saved 75 basis points per loan in special servicing costs by foreclosing instead of modifying loans. MORE >>

Despite the new regulatory regime, big banks continue to suffer from significant governance challenges. Boards have limited time to wade through the substantial complexity of the banks' businesses. This poses significant risks not just to banks but potentially to the entire economy during the next downturn. MORE >>