article thumbnail

StrategyDriven Editorial Perspective – The Government has Created a Monster

Strategy Driven

Our trust in this institution is so strong that it is rare to find someone with a checking account in a bank that lacks an FDIC placard in the window. RepublicBank merged with InterFirst Corporation in June 1986, and formed First RepublicBank Corporation, the largest bank holding company in the Southwest at the time.

Banking 50
article thumbnail

2013 Trends and The Power of Women

Women on Business

I was recently asked to think about how 2013 trends will impact women in the work force and how women will impact the trends. As a female entrepreneur who has built a successful company over the past decade, I forced myself to look even further ahead and determine what might be coming, not just in 2013 but in the next five years or so.

Trends 265
Insiders

Sign Up for our Newsletter

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

article thumbnail

Early Lessons from India’s Demonetization Experiment

Harvard Business Review

The existence of this parallel economy is a substantial drag on the Indian economy: According to recently released data , only about 1% of Indians paid taxes on their earnings in 2013. According to a Bloomberg report , banks were estimated to have received 14.97 trillion rupees’ worth of currency demonetized.

Banking 10
article thumbnail

Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

Factors ranging from weak demand to bank consolidation have combined to hobble many small businesses  and if these factors arent addressed, they could continue to impede U.S. And as we describe in a recent HBS Working Paper , gaps remain in traditional bank credit supply. job growth and economic security. small businesses.

article thumbnail

Don't Abandon Crowdfunding -- Manage It

Harvard Business Review

Furthermore, I understand all too keenly the complexities of determining a fair valuation for companies that are too early in their development to fit existing measurement standards and can't meet the criteria for standard bank or SBA funding. will not be legalized until 2013).

article thumbnail

India’s Botched War on Cash

Harvard Business Review

Prime Minister Narendra Modi launched a surprise in early November, demonetizing 500 and 1,000 rupee bank notes. Supply chain transactions, real estate deals, and even weddings and funerals have been frozen. And yet India’s initiative had the potential for chaos. billion annually in currency operations costs.

article thumbnail

Africa’s Companies Need to Become More Like Training Schools

Harvard Business Review

The World Bank puts the figure at 38% in Nigeria , while the Economist projects 55% for young black South Africans. In June 2013, some Harvard Business School classmates and I launched a social enterprise ( WAVE: West Africa Vocational Education ) targeted at the youth unemployment issue. A ‘Training-Heavy’ Strategy.