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5 Leadership Signals that Turn Culture into Advantage

Skip Prichard

According to one former employee, “Management made it clear that no employee was allowed to complain about the unethical practices that were going on within the branch.”. We’re in the business of helping clients measure and manage culture. There’s a lot to admire, in our opinion, like the way he shook up the Vatican Bank.

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The Skills Gap That's Slowing Down Your Career

Harvard Business Review

For example, I know a bank executive who had twenty years of great community banking experience, but no bachelor's degree. When his institution was bought out, no other bank would even consider him for a job. If you are within five years of retirement, it may not make sense. Now with his degree in hand, he is CEO.

Career 8
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Just How Bad Is Business Travel for Your Health? Here’s the Data.

Harvard Business Review

A study of health insurance claims among World Bank staff and consultants found that travelers had significantly higher claims than their non-traveling peers for all conditions considered, including chronic diseases such as asthma and back disorders. The highest increase in health related claims was for the stress-related disorders.

Travel 8
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A Better Metric for the Value of a Worker Training Program

Harvard Business Review

But according to the World Bank , only 30% of youth employment programs are successful, with many of those offering only marginal benefit. We need to adopt something similar to a “total cost of ownership” (TCO) analysis. Generation is also developing tools to improve data collection and management.

Metrics 11
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If Data Is Money, Why Don’t Businesses Keep It Secure?

Harvard Business Review

If businesses are to continue using personal data to create value for themselves and for their customers, they will need to manage it as carefully as they would money, in four key ways. Understand how regulation alters the data cost-benefit analysis. Manage brand reputation by engaging with data rating agencies.

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Why Excom Meetings Are the Wrong Place to Make Decisions

Harvard Business Review

Authority is like money in a bank account: it is best not to make unnecessary withdrawals. Such non-interventionism does not demonstrate a lack of courage, as some (mostly non-executives) would claim, but rather results from a rational cost-benefit analysis. Reason #2: No one really wants to facilitate.

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Will the Proposed Banking Settlement Have Unintended Consequences?

Harvard Business Review

The CFPB's estimate would serve as the empirical basis for a penalty to be paid by Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial to settle allegations of wrongful foreclosures. The CFPB estimates that banks saved 75 basis points per loan in special servicing costs by foreclosing instead of modifying loans.

Banking 13