Remove Credit Rating Remove Operations Remove Reputation Remove Technology

Four Steps to Fixing Your Bad Data

Harvard Business Review

As one might expect, officials are using the error and S&P's earlier failure to properly rate bundled mortgage products to argue that the downgrade is incorrect. S&P's reputation, whether the downgrade is correct or not, is sure to take a hit. Unfortunately, reputational risk is only the tip of the iceberg when it comes to bad data quality. Information & technology OperationsAt this point, most everyone has heard that S&P downgraded U.S.

Badges? We Don’t Need No LinkedIn Badges

Harvard Business Review

To me this means that he has, in essence, made the calculation that the use of social networks will replace the “badges” that my generation valued to determine reputation. Money became a key element of these trust networks because it was cheaper to trust the money than the credit of a counterparty beyond your clan, village, or tribe. These hacks are things like badges, diplomas, dress codes, and, as it happens, credit ratings.