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Doing Well By Doing Good With Darrin Williams, CEO Southern Bancorp

N2Growth Blog

Darrin had spent the last decade reinventing this sleepy bank—revamping the bank’s finances, providing liquidity to investors, raining new capital, and doubling down on operational efficiencies—and turning the organization into a regional bank that people truly admired. One thing was certain in Darrin’s mind. The mission must continue.

CEO 400
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What Spinning Off a GE Business Taught Me About Managing Ultra-Fast Change

Harvard Business Review

So four years ago, when I was CEO of GE Capital Retail Finance and tapped to lead a mega change initiative — splitting off our unit into a new, publicly traded company, Synchrony Financial — I’ll admit I viewed it as a huge challenge. Change management certainly tested us. I just didn’t know in what ways.

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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business Review

It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. The current innovation model in the finance sector is designed to generate the highest possible short-term returns. Insight Center. Crossing the Digital Divide.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In hindsight, this thinking turned out to be far less important than what we learned about leadership, control, and trust, which ultimately were reflected in how each of the businesses was created, capitalized, and staffed. By mid-2004, however, the operation was mired in conflict over control and differences in management style.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). Chief finance officers increasingly question the ability of a day trader to value a digital company.

IPO 11
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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties. As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR.

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How Chinese Companies Can Develop Global Brands

Harvard Business Review

Since positioning is vital in new markets, today’s boards must include Chief Marketing Officers, not just directors with operations or finance backgrounds. Only a small minority thought low-cost operations would be an advantage in three years’ time. Rebrand from the inside out. That may say more about the xenophobia of U.S.

Brand 8