Strategy Driven

DECEMBER 5, 2013

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

Banking Crisis Morale System 50

Strategy Driven

NOVEMBER 1, 2010

While the rules may be shifting, the long-term sustainable advantage gained by building a strong brand – a brand that builds stability, trust, loyalty, and drives a premium price – remains consistent. subprime mortgages, instead doing business the old-fashioned way, with 80 percent of revenues derived from retail banking. Dickens Jr.

Brand 64

Brand Globalization Banking Long-term 64

Harvard Business Review

JUNE 24, 2016

News of the United Kingdom’s vote to Leave the European Union shook financial markets Friday, and signalled the start of potentially years of economic uncertainty for Europe. How much control do policymakers have over what the economic fallout is — short- and medium-term? But long term, this is a very big deal.

Banking 9

Banking Short-term Long-term Policies 9

Harvard Business Review

MARCH 22, 2018

My perspective and approach to misconduct risk are influenced by my work as a bank supervisor, and by my background and training as an economist. In my view, bank supervision must include attention to the culture at financial firms, not just to their financial safety and soundness. Market Failures and Misconduct Risk.

Company 12

Company Banking Incentives Human Capital 12

Harvard Business Review

FEBRUARY 20, 2014

As currencies and stock markets have tumbled in emerging markets, the business media has been dominated by cries of an “Emerging-Markets Crisis.” The media uses “emerging-markets crisis” as shorthand, but recent market turmoil was actually about relatively few countries. But these risks were known months ago.

Crisis 8

Crisis Marketing Contingency Plans Execution 8

Harvard Business Review

SEPTEMBER 16, 2015

Multinational corporations long have looked for growth opportunities in emerging markets. In 2014, according to the latest United Nations estimate, direct foreign investment (FDI) in emerging markets reached more than $700 billion — accounting for over half (56%) of all global FDI flows for the first time. Crime exacts a toll.

Marketing 8

Marketing Company Compliance Reputation 8

Harvard Business Review

MARCH 14, 2017

As I said at the time, it was a case study in poor policy and even poorer execution. Short of any singing, dancing, and costume changes, this sequence could have been taken from Bollywood, a movie industry widely known for its fantastical flights of fancy. According to a Bloomberg report , banks were estimated to have received 14.97

Banking 10

Banking GDP Policies Real Estate 10

Harvard Business Review

AUGUST 7, 2012

A metaphor attributed to John Maynard Keynes maintains that using monetary policy to fight a severe recession is like "pushing on a piece of string." When the problem is inflation, pushing up interest rates (pulling on a string) is a pretty effective policy tool — ask anyone who lived through the Volcker recession of the early 1980s.

Short-term 11

Short-term Banking Long-term Policies 11

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

Harvard Business Review

NOVEMBER 22, 2017

One response to today’s climate crisis has been a belief that markets and corporate innovation will provide the solution. Through a detailed qualitative analysis, we examined company reports, media releases, policy statements, and over 70 interviews conducted with senior managers from these companies.

Goal 8

Goal Short-term Insurance Policies 8

Harvard Business Review

JULY 18, 2017

Short-term corporate behavior is a major problem in the 21 st century firm. Too many companies prioritize quarterly earnings over long-term innovation, human capital investment, and brand development, and many people believe short-term shareholders are to blame. Tim Evans for HBR. So how can we ensure the latter?

Short-term 8

Short-term Intangible Assets Hedge Long-term 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

Frank Sonnenberg Online

AUGUST 17, 2021

Long story short, depending on a person’s short-term goals and long-term aspirations, money isn’t always the primary factor motivating them at work. These employees want more than a paycheck because they’re taking a long-term view. For the employer: The free market has an invisible hand. Invest in yourself.

Short-term 137

Short-term Long-term Ethics Motivation 137

Harvard Business Review

DECEMBER 9, 2011

The potential market for Chinese entrepreneurs is huge. Millions of Chinese innovators would love to flood the market with smaller, cheaper, more convenient products that don't appeal to the mainstream market's performance expectations. Promoting dynamism and consumption is very costly to its short-term goals.

Disruptive Innovation 15

Disruptive Innovation Entrepreneur Short-term Banking 15

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. This is promising for a market formerly dubbed the “breadbasket of Africa.”

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

AUGUST 11, 2014

Factors ranging from weak demand to bank consolidation have combined to hobble many small businesses  and if these factors arent addressed, they could continue to impede U.S. In short, the health of American small businesses depends significantly on credit. Banks remain relatively risk-averse amid the tepid recovery.

Technology 9

Technology Banking Class Real Estate 9

Harvard Business Review

JULY 9, 2015

The African Development Bank (AfDB) is the most visible organization tasked with shepherding that inclusive innovative growth. Based in Abidjan, the economic capital of the Ivory Coast, 60% of the bank’s shares are held by the 54 countries in Africa, and a minority stake is held by 27 partner countries, including the U.S.,

Banking 8

Banking Globalization Credit Rating Short-term 8

Harvard Business Review

OCTOBER 9, 2015

With Hillary Clinton’s tax proposals to encourage longer-term investing , the debate over whether American business is too fixated on the short term has moved from the dimly lit offices of earnest policy wonks into the klieg lights of U.S. primary season. But that is far from true. The data is often contradictory.

Hedge 8

Hedge Short-term Long-term EPS 8

Harvard Business Review

JUNE 29, 2012

The past year or so of Euro-crisis has turned me into a fan of the currency markets. Currency markets impose a fair amount of transaction costs on individuals and businesses, which is of course why people were so enthusiastic about the Euro. The best way to really get a handle on the choice you make is to look at the currency markets.

Short-term 10

Short-term Wilde Crisis Bond 10

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. Try running a banking system without it and see what happens. It is a necessity.

Crisis 11

Crisis Bond Banking Short-term 11

Harvard Business Review

AUGUST 3, 2012

These days, it's not hard to find people who question the role that financial markets play in our economy , who argue that shareholder value is a flawed metric of corporate success , who say that linking pay to financial markets is a big mistake. An overleveraged housing market?

Books 16

Books Short-term Long-term Finance 16

Harvard Business Review

JUNE 29, 2016

The Bank of England will likely lower policy rates, or even adopt negative interest rates. It is impossible to forecast precise impact with confidence, given that exit terms, timing, and knock-on implications are all uncertain. FTSE250) were indeed recorded in the first two sessions after the vote. For example, a U.S.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

AUGUST 24, 2015

Greece was seen as an exemplar of a country under assault, victim of the waning European sense of cohesion and social justice, and of ineffectual, neoliberal policies. It is too easy to view the Greek mess as a case of austerity policies gone berserk. Framing this as a case of a small country defying the bullies misses the point.

Crisis 8

Crisis Policies Short-term GDP 8

Harvard Business Review

FEBRUARY 27, 2015

Greece appears also to lose control of the €11 billion reserves of the Greek banking stability fund. So, clemency on loan terms might make procedural sense. But the new Greek team consisted of an inexperienced and ambitious set of politicians and academics with little, if any, policy experience. This looks unlikely.

Restructuring 8

Restructuring Policies Crisis Banking 8

Harvard Business Review

MAY 27, 2015

If policymakers hope to be successful in their efforts to promote entrepreneurs and small businesses, they need to know what works – in short, they need a “Playbook” for small business job creation. An effective policy strategy for small businesses needs to focus on the unique needs these companies have.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

FEBRUARY 19, 2013

Economists built "general equilibrium" models that, underneath all the fancy math, just assumed markets are stable and optimal. In the Wake of the Crisis: Leading Economists Reassess Economic Policy collects essays by economists who are, indeed, leading — and are reassessing that orthodoxy.

Finance 8

Finance Banking Crisis Blanchard 8

Harvard Business Review

JULY 12, 2016

In contrast, fair marketing and advertising of products are very important for companies in these sectors. The high percentage of proposals on immaterial issues is further evidence that investors aren’t only motivated by short-term profit. Less so for financial institutions or healthcare companies.

Proposal 8

Proposal Short-term Advertising Hedge 8

Harvard Business Review

APRIL 16, 2012

Strategic cash provides more flexibility concerning the timing and pricing of potential acquisitions; having cash on hand is the best insurance that CFOs will be able to respond with alacrity to opportunities and not be subject to the vagaries of the financial markets. Facilitate Investments. Arguments Against Strategic Cash.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

AUGUST 15, 2011

vision of financial world order; as Time magazine reported, he was "bursting with hubris over its booming equity markets and its just-announced 5.6% Soros was by then known as "the man who broke the Bank of England" because he had reputedly made more than a billion dollars speculating against the pound in 1992.

Banking 11

Banking ROE Proposal Self-aware 11

Harvard Business Review

NOVEMBER 10, 2011

Normally the position is largely ceremonial and the fact that so much on policy is coming out of the president's office seems unusual to say the least. All the new governments are signing up for austerity policies in an effort to stay in the Euro. b) Greater fiscal integration and convergence is needed in the long term.

Crisis 12

Crisis Long-term Short-term Politics 12

Harvard Business Review

SEPTEMBER 15, 2017

Conventional wisdom is that CEOs buy back stock to manipulate the short-term stock price. They fund the buyback by cutting investment, and so firm value suffers in the long-term. 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.”

Short-term 8

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

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.

GDP 9

GDP Banking Price Crisis 9

Harvard Business Review

JULY 25, 2016

A recent CMO Survey indicates that marketers plan to double their spending on social media in the next five years. This disparity highlights an important, and potentially costly, problem: Marketers continue to increase social media spending, yet many are still uncertain about management, strategies, and integration.

Media 8

Media Strategy Audience Brand 8

Harvard Business Review

JUNE 11, 2012

The alternative, of course, is to restore the currency markets. It won't be easy, of course, but it might be better to go through the short, sharp shock of devaluation than to die a slow death inside the zone. But whatever mitigation you could provide would do little to change the awful social reality of that adjustment.

Bond 15

Bond Short-term Price Sharpe 15

Harvard Business Review

JANUARY 3, 2014

The World Bank puts the figure at 38% in Nigeria , while the Economist projects 55% for young black South Africans. On the one hand, decades of policy failures and stunted private sector growth have led to a shortage of formal jobs; on the other, many youths leave schools and universities wholly unprepared for employment.

Training 8

Training Company Metrics Real Estate 8

Harvard Business Review

OCTOBER 16, 2014

Icahn later reduced his buyback request to $50 billion, and in April 2014 Apple’s board approved a $30 billion program to be carried out by repurchasing its shares on the open market — either by just buying shares outright or doing it indirectly via accelerated share repurchases. Apple is a company with phenomenal products and profits.

Safe Harbor 9

Safe Harbor Hedge EPS Price 9

Harvard Business Review

NOVEMBER 6, 2012

Imagine a presidential election in which there's only one candidate, and he's said nothing about his intentions or policies. election to provide a choice for distinct policy alternatives and a clear result, the outcome of the Congress of China's Communist Party, which takes place every five years, will be far more murky.

Leadership 8

Leadership Short-term Committee Politics 8