Remove Career Remove Education Remove Leadership Remove Merton
article thumbnail

Should You Gamble on Your Company's Leadership?

Harvard Business Review

Harvard Business School's mission is to "educate leaders who make a difference in the world." Of course, HBS hopes to educate leaders who make a positive difference in the world, but that's harder to do than it might seem. The problem with the new mission, though, is that it's missing one word: positive.

Company 14
article thumbnail

The Irish Banking Crisis: A Parable

Harvard Business Review

In slightly more formal terms, Id suggest that they were able to take on, at least in tiny part, five of Robert Merton and Zvi Bodies six standard functions of a financial system: settling payments, providing information, setting incentives, pooling resources, and transferring resources.

Banking 15