Remove 2005 Remove 2008 Remove Finance Remove Operations
article thumbnail

How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

In 2005, Dimon hired Ina Drew to head the company's Chief Investment Office, the unit responsible for the bank's risk exposure. At a meeting on April 8, Drew assured Dimon and the operating committee of JPMorgan that the trades were being well managed and would work out.

article thumbnail

Why Is Capital Afraid of Cities?

Harvard Business Review

Successful companies between $5 million and $50 million in revenues can't get the capital they need to expand their operations and hire more people in city neighborhoods where the best social program is a job. Small business lending peaked in 2008. There are two barriers to investment; neither is substantive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Real Reasons Companies Are So Focused on the Short Term

Harvard Business Review

CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). This means all R&D is subtracted from operating income in the year it’s expended, while the payoffs to R&D don’t occur until future periods. Moreover, not all outside CEOs lack domain expertise (e.g.,

article thumbnail

How Chinese Companies Can Develop Global Brands

Harvard Business Review

Also, while China’s outward-bound foreign direct investment (FDI) has grown from an annual average of below $3 billion before 2005 to more than $60 billion in 2010 and 2011, only one third of Chinese companies have seen international revenue meet expectations, according to Accenture. Redesign the organization. Rebrand from the inside out.

Brand 8