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The Right Way to Use Analytics Isn’t for Planning

Harvard Business Review

Paul Bulcke, Nestle’s CEO, was quoted by Fortune as saying , “This is a case where you can be so right and yet so wrong… We live in an ambiguous world. Use competitive intelligence differently. At the minimum, institutional intelligence’s crucial role should be supporting a change in perspective.

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Managing Risks Means Managing Arguments

Harvard Business Review

Risk-management chiefs were clearly subordinate at most banks to those who brought in the big bucks, and thus incapable of winning arguments when it really mattered; it was only at places like Goldman Sachs and JPMorgan where the CEO saw himself as risk-manager-in-chief that the process seemed to work at all. MORE ON MANAGING RISKY BEHAVIORS.

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JP Morgan's Loss: Bigger than "Risk Management"

Harvard Business Review

First, CEO Jamie Dimon was widely acknowledged as the "ultimate chief risk officer of the bank." How Competitive Intelligence Rules Encourage Cheating. But can effective risk management be sustained? Yet the press was quick to declare JP Morgan's loss as a spectacular failure of risk management. But was it?