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How Credit-Worthy Is America, Inc.?

Harvard Business Review

In financial terms, and especially with regards to credit, governments are no different. As the CEO of a credit business, I’m in a unique position to take a look at how the US actually stacks up. If the government were a business, how would its credit rating look? Longevity is also important.

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How Share-Price Fixation Killed Enron

Harvard Business Review

It appears that Enron''s final fatal mistake was to try to support its stock price instead of living up to key contractual obligations required to maintain its credit rating. What caused Enron''s bankruptcy was, quite simply, the loss of its investment-grade credit rating. What caused Enron to go bankrupt?

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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

While their job may have been setting or applying strict credit policies in the past, they may now start to wonder whether their traditional credit rating models are still effective. Probabilistic risk managers will think about the future of how they work.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

CEO Ellen Kullman came to see me and promised a top to bottom review of the DuPont safety program. ” When I read DuPont CEO Breen’s words “accelerating cost reductions,” my heart sank. Here are some steps CEOs, executives, and boards can take to accomplish just that. ” It worked. Start at the top.