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StrategyDriven Editorial Perspective – Panic of 1907 vs Great Recession of 2008

Strategy Driven

This year, 2013, marks the 100th anniversary of the Federal Reserve System, and central bankers are taking a historical perspective. Trusts, however, were financed by consumer deposits, while the toxic asset of 2008 were securities contracts held by investment banks.). Copyright 2007-2013 by StrategyDriven Enterprises, LLC.

Banking 50
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How GE Applies Lean Startup Practices

Harvard Business Review

In January 2013, Chip Blankenship, CEO of GE Appliances issued a challenge to the newly formed team: “You’re going to change every part the customer sees. At their training center in Louisville, they bounced ideas and product prototypes off of retail salespeople who came to learn about GE’s products. You won’t have a lot of money.

Ries 10
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The Growing Business of Marijuana

Harvard Business Review

Professionals from the banking, finance, investing, and accounting worlds. Technology, marketing, retail, HVAC, construction, and manufacturing pros. billion in 2013 – up about 15% from the year before, according to our 2013 Marijuana Business Factbook. And more are joining every day. The list goes on.

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The Leadership Blind Spots at Wells Fargo

Harvard Business Review

The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely. They had a fuller discussion in 2013–2014 — around the time when media reports of the illicit behavior first surfaced. For many in finance, projecting an aura of self-reliance is part of what garners respect.

Banking 10
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Scaling Up is a Problem of Both More and Less

Harvard Business Review

As an organization or project grows, and as its challenges change, it not only needs to recognize new priorities, it needs to delete or deemphasize old ones. Sales doubled in 2013. Just a couple of weeks ago, BuildDirect received $30 million in additional financing led by Venture Capital firm Mohr Davidow.

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What Big Companies Can Learn from the Success of the Unicorns

Harvard Business Review

The term “unicorns,” coined, in 2013, by Aileen Lee, founder of Cowboy Ventures , is commonly used to identify venture-backed private companies valued at $1 billion or more. They attempted nearly 34 projects that failed before developing an iPhone app called Picaboo, which was subsequently rebranded as Snapchat.