Remove Crisis Remove Ethics Remove Finance Remove Incentives
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Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. I personally dont feel bonuses work to promote a good work ethic. There are those who passionately argue for and against the merits of year-end bonuses. An idividual either has it or doesnt.

Blog 382
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The Big Picture of Business – Business Success Checklist

Strategy Driven

Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Incentives-rewards-bonus plan is annually updated, with realistic, measurable goals. The organization maintains and lives by an ethics statement. Maintains active crisis preparedness and prevention program.

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Finance Can Be a Noble Profession (Yes, Really)

Harvard Business Review

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. How will the crisis of problematic loans in Italian banks be resolved?

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The Problem with the Profit Motive in Finance

Harvard Business Review

Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. If it had been, there wouldn't have been a financial crisis.). But, to follow Swensen's reasoning, the incentives are all wrong.

Finance 16
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Leadership & Political Correctness | N2Growth Blog

N2Growth Blog

I don’t know about you, but it’s almost as if we have raised a generation of leaders who feel they have a moral and ethical obligation to be politically correct – WRONG. When you find an organization in crisis, you can most times peel back the layers on poor decision, after poor decision, after poor decision.

Politics 375
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Culture, Not Leverage, Made Wall Street Riskier

Harvard Business Review

The reasoning, backed by several respected scholars, is that leverage was a leading cause of the financial crisis. Leverage ratios might be the O-rings of the financial crisis. The result was an intense focus on risk, including risks related to ethical standards. Ethics Finance Risk management'

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The Economics of Why Companies Don’t Fix Their Toxic Cultures

Harvard Business Review

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. naqiewei/Getty Images. But what role does culture play in corporate misconduct, and why do these problematic cultures persist?

Company 15