Harvard Business Review

MAY 15, 2014

s Co-operative Bank in June 2013. This shortfall resulted in its parent, Co-operative Group, ceding control of the bank to bondholders, including U.S. hedge funds. full-service bank and, with limited exceptions, major banks in Europe and North America. billion capital shortfall announced by the U.K.’s

Banking 8

Banking Project Enterprise Architecture CIO 8

N2Growth Blog

NOVEMBER 10, 2010

It was Andy Grove the former Chairman and CEO of Intel and Time Magazine’s 1997 Man of the Year who said “You have to take action; you can’t hesitate or hedge your bets. A critical part of the talent management life-cycle is leadership development. Why do we crave leadership nowadays?

Blog 387

Blog Learning-by-Doing CEO Strategy 387

Strategy Driven

NOVEMBER 22, 2022

For example, investors can use physical precious metals as a hedge against currency devaluation or inflation. These assets can also be used as a store of value and a potential hedge against geopolitical risks. Both can be a hedge against inflation. You should also consider a broader wealth-management strategy.

Hedge 115

Hedge Price Short-term Reputation 115

HR Digest

MAY 2, 2019

To what extent is that down to a successful talent management strategy? I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.” There are no short-cuts in management. Michael Fraccaro: That’s an interesting way to frame it. Photo: Mastercard.

Resources 40

Resources Human Resources Leadership Pipeline Learning-by-Doing 40

Harvard Business Review

MAY 23, 2012

And it was during Drew's absences, according to a richly detailed account in The New York Times , that the bank's chief investment office, which she ran, began to get into trouble: The morning conference calls Ms. The words "risk management" usually evokes less subjective, more data-driven pursuits. When that happens, everybody loses.

Management 11

Management Risk Management Competitive Intelligence Hedge 11

Harvard Business Review

OCTOBER 9, 2015

“Everyone who has worked with American management can testify that the need to satisfy the pension fund manager’s quest for higher earnings next quarter, together with the panicky fear of the raider, constantly pushes top managements toward decisions they know to be costly, if not suicidal, mistakes,” he wrote.

Hedge 8

Hedge Short-term Long-term EPS 8

Harvard Business Review

JULY 18, 2017

Critically, short-term selling by shareholders need not entail short-term behavior by managers. Turning from evidence on liquidity to evidence on short-term investors, activist hedge funds are seen as the epitome of the latter – allegedly stripping assets and piling on debt to make a quick buck. What about innovation?

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

SEPTEMBER 16, 2016

Convincing employees to go above and beyond the call of duty may be the epitome of personnel management. How talent management is changing. Surveying 180 teams of employees and managers at U.S. It views morality as a kind of bank account. We all want our employees to be engaged and motivated. Insight Center.

Licensing 8

Licensing Morale Motivation Hedge 8

Harvard Business Review

OCTOBER 24, 2014

Dudley, the president of the Federal Reserve Bank of New York, gave a speech Monday in which he used the word “culture” 45 times. I’m hoping they mark the beginning of a change in how regulators think about reining in law-breaking and excessive risk-taking at banks. The bank also went after the bonuses of the individuals involved.

Banking 9

Banking Ethics Long-term Hedge 9

Harvard Business Review

JUNE 25, 2012

Contrarian Number 1 is George Elliott, founder of a hedge fund (Naftilia Asset Management) that plans to buy nothing but stocks from – wait for it – Greece. Elliott does say he’ll be avoiding Greek banks, though. Ulukaya, who already managed a small cheese company, had been mulling over the lack of good yogurt in the U.S.,

Hedge 12

Hedge Advertising Asset Management Download 12

Harvard Business Review

OCTOBER 16, 2014

9, armed with about 1% of Apple’s outstanding stock, the hedge-fund activist published an open letter to Apple CEO Tim Cook, urging him to accelerate the company’s stock repurchases by making a tender offer. Another hedge-fund activist, David Einhorn, was then playing that role). Carl Icahn is at it again.

Safe Harbor 9

Safe Harbor Hedge EPS Price 9

Harvard Business Review

MARCH 17, 2011

London-based HSBC, arguably the world's most global bank, recently described speculation that it was planning to shift its headquarters from London to Hong Kong as "presumptuous." Its full name is, after all, The Hong Kong and Shanghai Banking Corporation. HSBC has always been anchored in the Far East.

Banking 11

Banking Hedge Globalization Operations 11

Harvard Business Review

MAY 30, 2013

Say-on-pay is part of a big shift in recent years toward giving professional money managers more tools to affect the governance of (and in some cases discipline the managers of) corporations. But it''s far from clear that professional money managers have what it takes to play the role of effective watchdog. Jensen and Kevin J.

Hedge 8

Hedge Asset Management Incentives Outsourcing 8

Leading Blog

APRIL 5, 2019

Should they make a big bet, hedge their position, or just wait and see? We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. When faced with uncertainty, how should leaders react?

Uncertainty 307

Uncertainty Sports Credit Rating Learning-by-Doing 307

Harvard Business Review

AUGUST 26, 2015

Managers and boards are often pushed by investors, fund managers, and analysts to focus intently on a single measure of success, such as shareholder value or profit, and then they do everything they can to maximize it. Companies should be managed much more holistically. I was once a CEO leading a corporate turnaround.

Metrics 8

Metrics Long-term Short-term Hedge 8

Harvard Business Review

OCTOBER 24, 2016

In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. Large investors rely on an assortment of intermediaries to help them with their investment activities, including asset managers, such as hedge funds, investment banks, and consultants. But right now that’s not happening.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

JULY 27, 2015

This is where the July 2012 memorandum of understanding between Greece and the Troika (the International Monetary Fund, European Central Bank, and the European Commission) failed miserably; the previous government, much like Syriza, wanted to preserve the status quo. The IMF, ECB, and EU own the rest. And what about that price?

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

MARCH 24, 2016

New computer programs, some using artificial intelligence , are taking over tasks for bookkeepers, bank tellers, clerks, and others. For example, jobs for bank tellers have been growing since the deployment of ATMs. Some people argue that this replacement is causing technological unemployment. And this pattern is typical overall.

Policies 8

Policies Technology Hedge Banking 8

Harvard Business Review

MARCH 5, 2012

You can make customers provide more rigorous authentication before they make a transaction, or have managers limit distribution of sensitive plans. Unfortunately, though, it's all too easy to grind your business to a halt with doctrinaire security policies.

Supply Chain 13

Supply Chain Risk Management Hedge Banking 13

Harvard Business Review

MAY 31, 2012

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Drew quickly retired after the losses, and Iksil and Macris are, according to news reports, leaving the bank.

CIO 8

CIO Committee Risk Management Banking 8

Harvard Business Review

JUNE 29, 2018

GE’s fall accelerated on October 25, 2015, with activist hedge fund Trian announcing a $2.5 Many have strategy heads, who are ex-dealmakers at investment banks, whose default assumption is that if the company has a performance problem, the natural fix is to buy and/or sell something. GE stock was trading at $25.47

TSR 9

TSR Company IPO Hedge 9

Harvard Business Review

JULY 19, 2016

From my advisory work, research, and private discussions with executives and board members of pension funds, pension funds that succeed in keeping politics at bay combine strong governance with deft, often pre-emptive, management of issues that could spark a political backlash. Deft, pre-emptive management. Strong governance.

Politics 8

Politics Hedge Constraint Committee 8

Harvard Business Review

AUGUST 15, 2011

He cited the International Monetary Fund's 1997 judgment that "Malaysia is a good example of a country where the authorities are well aware of the challenges of managing the pressures that result from high growth and of maintaining a sound financial system amidst substantial capital flows and a booming property market." dollar deposits."

Banking 12

Banking ROE Proposal Self-aware 12

Harvard Business Review

APRIL 10, 2017

Many investment banks and hedge funds operate this way, as do some law firms, consulting outfits, and tech titans. The ethos is up-or-out, sink-or-swim, rank-and-yank. It’s a tough environment, but it’s the right environment for talented people who aspire to be superstars. “They are 100 times better.”

Health Care 14

Health Care How To Hedge Environment 14

Harvard Business Review

JULY 22, 2016

Organizations that manage digital networks (we call them network orchestrators) are different from traditional product and service providers. BancAlliance, a consortium of community banks, has partnered with Lending Club, a peer-to-peer lending marketplace. Starbucks stopped accepting the Square payment system in late 2014.

Real Estate 8

Real Estate Business Model Incubator Short-term 8

Harvard Business Review

JULY 12, 2016

Ask someone to name the demands that activist hedge funds make of companies and they’ll likely list corporate governance issues like board changes and executive compensation, or perhaps some form of restructuring. After all, activists don’t usually have the necessary votes to compel management to respond.

Proposal 8

Proposal Short-term Advertising Hedge 8

Harvard Business Review

MARCH 12, 2012

I recently participated in a spirited panel discussion with Bruce Brown, Procter & Gamble's Chief Technology Officer, and Erich Joachimsthaler, Vivaldi Partners' managing director and CEO. After all, the World Bank estimates that the number of middle class consumers in emerging markets will jump from 420 million today to more than 1.2

Marketing 13

Marketing Hedge Chief Technology Officer Supply Chain 13

Rich Gee Group

NOVEMBER 28, 2010

He started the Khan Academy as a way to tutor his cousins remotely — while he was a hedge fund analyst in Boston, and they were students in New Orleans. It was clear there was a huge unmet need, so Sal left his hedge fund job and started Khan Academy with the mission of providing a free world-class education to anyone, anywhere.

Hedge 314

Hedge Class Video Career 314

Harvard Business Review

MARCH 8, 2016

Counting cash reserves, dividend payments, and stock repurchases, corporate America has had the opportunity to invest nearly $3 trillion in capital since the 2008 Great Recession — more than six times the size of the TARP bank bailout. And so would this election cycle.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

JULY 2, 2013

One of the most famous risk-takers in recent memory is JP Morgan''s "London Whale," Bruno Iksil, who doubled down on a losing bet rather than admit his losses, ultimately costing the bank over six billion. Economy Managing uncertainty Risk management'

Kahneman 8

Kahneman Tversky Hedge Banking 8

Harvard Business Review

AUGUST 4, 2014

And isn’t lowering costs exactly what managers focused on shareholder value are supposed to be doing? Over the decades, risk management has become a deeply quantitative endeavor. Understanding how to manage reputation risk starts with understanding the elements of reputation. We’d like to propose a solution.

Reputation 9

Reputation Risk Management Supply Chain Crisis 9

Harvard Business Review

JUNE 9, 2011

There's been lots of debate over how central banks should react to bubbles. As best I can tell, there are three levels of bubble danger (they correlate somewhat with Hyman Minsky's three stages of economic danger: Ponzi, speculative, and hedge finance). But what about at the level of the corporation? The Ponzi bubble.

Company 14

Company Finance Price IPO 14

Harvard Business Review

APRIL 4, 2014

Them” were the majority of managers who didn’t get what design was all about in the first place. And with good reason: From Target to Uber, business managers everywhere are starting to understand that the strategic use of design is making a difference in achieving outsized business results. ” Design Strategy'

Venture Capitalist 8

Venture Capitalist Fashion B2B Hedge 8

Harvard Business Review

OCTOBER 18, 2016

The pay of top managers has risen faster than those of other star earners. Top management compensation packages guarantee a high level of pay, but are often only weakly linked to the performance of the firm relative to its industry competitors. In other words, these managers are rewarded less for outperforming their competitors.

CEO 8

CEO Asset Management Cooper Industry 8

Harvard Business Review

JULY 27, 2015

They might impersonate a bank, saying, “Hey, I know you’re about to go and get an operation, don’t forget to transfer some money by clicking here,” or whatever. And then you think, “Well, they know I’m having an operation tomorrow, so they must be a legitimate bank.”

Health Care 8

Health Care Hedge Banking Training 8

Harvard Business Review

MAY 8, 2013

For some, the path forward is clear: the math experts will be snapped up by hedge funds, the software engineers will have their pick of start-ups, and elite investment banks and consultancies will duke it out for the top MBAs. Graduation season is upon us — and that means approximately 700,000 U.S.

Brand 8

Brand How To Hedge Film 8

Harvard Business Review

OCTOBER 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. But first they need to get management of a company to change the existing strategy. Then it wasn’t.

Ries 8

Ries Long-term Short-term Price 8