article thumbnail

Holding Powerful & Arrogant Bosses Accountable

Coaching Tip

Winston, a former executive responsible for leadership development at the Countrywide Financial Corporation, spent three years in a legal battle against Countrywide, the once-mighty mortgage giant, and its current owner, Bank of America, contending that he was punished and pushed out for not toeing the company line. million in damages.

Power 112
article thumbnail

How a Turkish Bank Became the Employer of Choice

Harvard Business Review

Our experience at Garanti Bank shows how even in seemingly the worst of circumstances, companies can become the most attractive of employers. In 2001, Turkey experienced a financial crisis in its banking sector. Group merged its three banks (Körfez, Osmanl?, By 2005, Garanti began to open branches and grow rapidly.

Banking 11
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 Top Five Career Regrets

Harvard Business Review

What do you regret most about your career? But judging from the scores of follow-up questions and the volume of post-lecture emails I received, a talk on career regret would have been the real bull's-eye. Importantly, the effects of bad career decisions and disconfirmed expectancies were felt equally across age groups.

Career 10
article thumbnail

What If Socially Useful Jobs Were Taxed Less Than Other Jobs?

Harvard Business Review

are making a choice that will shape the rest of their lives: which career to pursue after graduation. Yet these career choices affect not only the students themselves but also the rest of society. What policies can encourage talented workers to choose socially beneficial careers? This fall, college seniors across the U.S.

article thumbnail

Disrupt Yourself

Harvard Business Review

By working 70-80 hours a week, taking business courses at night, and doggedly pursuing a jump to the professional track, I finally got a break, and moved into investment banking. It's a similar story when you contemplate disrupting yourself mid-career. Time to disrupt myself. Be assured that you have no idea what will come next.

article thumbnail

Five Years After Lehman’s Collapse, Bankers Still Haven’t Confronted Their Biases

Harvard Business Review

In 2005, four dozen senior executives at Lehman Brothers took a decision-making course. Regulators who focus on new capital requirements or proprietary trading limits for banks are missing the one problem that those rules do not address: modern financial markets tempt human beings into cognitive error. And the disease is spreading.

article thumbnail

Obama’s Former “Body Man” on Being the Ultimate Assistant

Harvard Business Review

At Duke University, Reggie Love played football and basketball, and after his 2005 graduation he tried out for two NFL teams, without success. He thought about joining an investment banking firm. How are you using what you learned as an assistant in your career today?

Sports 8