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CMI Highlights

Chartered Management Institute

Improving public services Finally, a short update on another area we are currently working in: CMI is partnering with the Social Market Foundation to explore how to get improved results from the UK’s public services. We’ve got an exclusive interview with Simon here ! Catch up here.

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Fixing the Game: What Capitalism Can Learn from the NFL

Leading Blog

In 1976, Harvard finance professor Michael Jensen and Dean William Meekling of the Simon School of Business at the University of Rochester published a paper entitled Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure [ PDF ]. In the NFL there is the real market when teams take to the field to play a game.

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How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

As the second week of May began, Dimon realized, "The last thing I told the market — that it was a tempest in a teapot — was dead wrong," the Journal reports. housing market could collapse and trigger a global financial crisis. Finally, on April 30, Dimon demanded to see the specific trading positions.

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What an Economist Brings to a Business Strategy

Harvard Business Review

In the 1900s, French mathematician-economist Leon Walras envisioned prices in a market economy being set by an auctioneer (since known as the “Walrasian auctioneer”) conducting continuous auctions for all kinds of commodities. Economists and market design. Economists and finance. But that would be a mistake.