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Social Media Compliance Isn't Fun, But It's Necessary

Harvard Business Review

On May 24, 2012, Goldman Sachs did something it had never done in its venerable 143-year history. For highly regulated sectors like finance, social media can be a legal minefield. Just ask Gene Morphis, ex-CFO of clothing retailer Francesca's. Everything starts with a firm's social media policy," Langford says.

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IT Doesn't Matter (to CEOs)

Harvard Business Review

They resist getting their hands dirty alongside the CIO, even though many of them will readily get down into the mud of a balance sheet with the CFO or strategize the details of global brand issues with the CMO. Data breaches are on the rise, with a 44% increase in the number of records exposed from 2011 to 2012. million records).

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JP Morgan's Loss: Bigger than "Risk Management"

Harvard Business Review

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Many people, including quite a few U.S. But was it?

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McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The company’s executives said that to help finance the plan, McDonald’s would increase refranchising (turning company-owned restaurants into franchises), take on more debt (even at the risk of lowering its bond rating ), and find $300 million to cut in general and administrative expenses. million in 2014 to a high of $12.6

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