Harvard Business Review

AUGUST 27, 2014

Valukas provides a hint: Although managers’ bonuses are based partly on vehicle-quality improvements, and safety is supposed to be paramount, cost is “everything” at GM, and the company’s atmosphere probably discouraged individuals from raising safety concerns. These are important questions that senior management should be investigating.

Incentives 8

Incentives Performance Review Welch Motivation 8

Strategy Driven

NOVEMBER 6, 2015

Sometimes the difficulty of managing your time makes for a haphazard operation. Time management and “just in time” concepts are applied. Assets are adequately valued and managed. Top management has as a priority the need to develop and practice People development, skills and team building responsibilities.

Succession 50

Succession Strategic Planning Budgeting Goal 50

N2Growth Blog

AUGUST 5, 2010

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

Politics Blog Leadership Diversity 375

Strategy Driven

FEBRUARY 6, 2015

Quality is not something that managers assign others to achieve. Rather than assume all is wrong or right with an organization and take a defensive posture, management must view quality as essential to their economic survival or growth. It is not enough for management to endorse quality programs; they must actively participate.

Quality 50

Quality Metrics Strategic Planning TQM 50

Harvard Business Review

MARCH 22, 2018

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

Company Banking Incentives Human Capital 15

Harvard Business Review

MARCH 5, 2018

For managers, it is important to realize that the costs of a problematic employee go beyond the direct effects of that employee’s actions – bad behaviors of one employee spill over into the behaviors of other employees through peer effects. Among co-workers, it appears easier to learn bad behavior than good.

Sample 15

Sample Incentives Team Commitment 15

Harvard Business Review

OCTOBER 11, 2013

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'

Incentives 9

Incentives Banking Ethics IPO 9

Harvard Business Review

OCTOBER 24, 2014

I spent a dozen years there — a tenure that overlapped with Dudley’s — went on to work at several other firms, and then, after the financial crisis, decided to go back to school. And what happened to the compensation of the typical JP Morgan managing director? Each managing director was financially interdependent with every other.

Banking 14

Banking Ethics Long-term Hedge 14

N2Growth Blog

NOVEMBER 23, 2010

In evaluating any relationship in the value chain I’m looking for value, talent, performance, leverage, efficiency, economy of scale, work ethic, integrity, character, discipline and many other traits irrespective of your skin color, age, etc. A sense of entitlement is not a substitute for work ethic and a desire to achieve.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

FEBRUARY 2, 2012

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

Finance Motivation White Paper Banking 16

Harvard Business Review

SEPTEMBER 27, 2012

He, and writers in the rest of the section , then go on to talk about the downward pressures on private law firms to sustain profits per partner and the burgeoning crisis in private practice, symbolized by the collapse of Dewey & LaBeof and the exodus of young associates. In these, financial incentives are aligned (i.e.,

Chief Financial Officer 10

Chief Financial Officer Trends Crisis Definition 10

Harvard Business Review

DECEMBER 4, 2013

Use an evaluation system that links the company’s strategic requirements with the prospects’ individual capacities and performance, with the latter focusing on their integrity and ethics, team building, execution excellence, shareholder return, and personal gravitas—and ability to work in the boardroom. Boards Leadership Talent management'

CEO 10

CEO Tips Long-term Consultative 10

Harvard Business Review

DECEMBER 8, 2010

And the result of an undersupply of disclosure is toxic, perverse incentives. And the systemic result of that is crisis, stagnation, and decline. There are big and small, worse and better, more and less ethical ways to do the latter. Are you fighting the future — or are you fighting for the future?

GDP 20

GDP Hypercompetition IPO Information 20

Harvard Business Review

JULY 17, 2017

How will the crisis of problematic loans in Italian banks be resolved? Finally, the global financial crisis has taught us about the havoc that finance can wreak — and how central the industry is to our lives. Should a subscriber of Snap.com be valued the same as a Facebook user? So, graduates entering finance, take heart.

Finance 8

Finance Insurance Career Reputation 8

Strategy Driven

APRIL 4, 2014

92% of all business mistakes may be attributed to poor management decisions. 85% of the time, a formal program of crisis preparedness will help the organization to avert the crisis. Retaining good employees, involving training, motivation and incentives, is yet another matter. 35% of employees steal from the company.

Budgeting 79

Budgeting Succession Consultative Crisis 79

Harvard Business Review

FEBRUARY 27, 2012

While the global financial meltdown and its aftershocks have unleashed a flood of indignation, condemnation, and protest upon Wall Street, the crisis has exposed a deeper distrust and implacable resentment of capitalism itself. Capitalism degenerates into narrow self-interest without a strong ethical foundation.

Short-term 18

Short-term Long-term Ethics Incentives 18

Strategy Driven

MARCH 11, 2011

It was very ‘old school’ (a management style that was 40 years obsolete), though it pretended to be ‘new school.’ This archaic mindset flies in the face of progressive supply chain management, which successful companies now embrace. While frying some fish, immunity lets other more culpable ones off the hook.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57

Harvard Business Review

JANUARY 17, 2012

the management consultancy. Such plans frequently include giving managers financial incentives to do what they should have done before — concentrating on the most promising lines, selling off dud businesses, and "leaning down" operations, often including headcount. Vulture capitalism ," as Governor Perry has suggested?

Due Diligence 14

Due Diligence Incentives Hedge Collins 14