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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. 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.

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Managers: What’s Your Plan B?

Lead Change Blog

However, it appears silver mining companies were banking on the Bland-Allison Act of 1878, which authorized bimetallism and called for large government purchases of silver, and the Sherman Silver Purchase Act of 1890, which expanded the purchase quantities, helping to keep silver mining profitable.

Planning 150
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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

economy spent one trillion dollars fixing and treating the so-called Y2K Bug, which we now know was a manufactured “crisis” by technology consulting companies. As was discussed in Chapter 8, technology constitutes one tenth of 1% of any organization’s overall Big Picture. In 1999, the U.S. About the Author.

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Too Big to Manage: JP Morgan and the Mega Banks

Harvard Business Review

Many other major financial institutions — Bank of America , Citigroup, HSBC, Barclay’s, Wells Fargo, UBS, etc. But, at the end of the day, it is bank leaders and employees who must take the right business, legal and ethical actions under existing law. JP Morgan is the biggest of them all with $2.3 trillion in assets ,$1.1

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Data: One Antidote to Risky Behavior

Harvard Business Review

Every large financial services company has instituted risk management, but that hasn't prevented risky behavior in the form of office politics and personality conflict — as the JP Morgan trading debacle has demonstrated. Risk management isn't exclusive to banking. Risk management isn't exclusive to banking.

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What Investors Need to Know About Zimbabwe After Mugabe

Harvard Business Review

In this environment, multinationals that are willing to accept some risk and invest in the country could benefit from first-mover advantages – but only if the new administration follows through with much-needed economic reforms. Zimbabwe’s new leadership faces a challenging task. Years of economic mismanagement.

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How an American Express Executive Drives Growth

Harvard Business Review

Specifically, he saw that the advent of digital technologies was going to fundamentally alter the way people conduct commerce, pay for things, and manage and move their money. It was a technology-driven form factor. They’re unbanked or under-banked or, as we call it, unhappily banked. Leadership'