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UK Study: A four-day work week would help workers and small businesses

HR Digest

The Bank of England warns of historic unemployment as some jobs are redundant. In its latest forecasts, the Bank predicts the jobless rate will double to 7.5%, and only fall slowly in 2021. In its latest forecasts, the Bank predicts the jobless rate will double to 7.5% by the year, and only dwindle slowly in 2021.

Banking 72
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How the Great Recession Changed Banking

Harvard Business Review

Just over 10 years ago, French bank BNP Paribas froze U.S. There was a run on British bank Northern Rock. Over the next year, many banks fell. Investment bank Bear Stearns collapsed. We expect investment banks to embark on an even more fundamental makeover during the next decade. The New Face of Investment Banks.

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The Big Picture of Business – Business Success Checklist

Strategy Driven

Each product-service is budgeted. Cash flow, forecasting and budgeting are consistently monitored. Banking and investing plan is annually updated, with realistic, measurable goals. Human Resources program is active, professional and responsive to the organization. Assets are adequately valued and managed.

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London Succeeds in Its Olympic Trials

Harvard Business Review

Contingency budgets are $1.4 For the 2008 Games, China built a spectacle of unmatchable scale , with a budget of some $80 billion. London's planned budget was inked in at one-fifth of that figure, subject to achieving all commercial revenue targets. Britain is well ahead of schedule. billion under-spent. Partners were receptive.

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How Some Companies Are Making Child Care Less Stressful for Their Employees

Harvard Business Review

.” On a larger scale, a Bank of America spokesperson shared in recent emails how the bank offers a full range of financial counseling services with a focus on child-related expenses that are both continuous and overwhelming to parents. The service is confidential and available at no cost to employees. Help with back-up care.

Stress 13
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All Boards Need a Technology Expert

Harvard Business Review

A few months ago I decided to look into the professional experience of non-executive directors at the major banks listed in Britain. Like almost every other major industry today, banking relies on hugely complex, enormously expensive technology. I’m afraid this is typical not just in banking but across most major industries.

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A Board Director's Perspective on What IT Has to Get Right

Harvard Business Review

Note that the high-profile C-suite executives at firms like Borders, Jessops, and Bank of New England had large IT budgets, but no longer have a company to make more efficient today.). This question attempts to tease out an unconscious assumption that "we will always be in business."