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5 Tips to Manage Your Finances Before a Recession

Strategy Driven

Here are five tactics to make your finances recession-proof: 1. Savings is an integral part of personal finance management. Instead of using this fund for your regular expenses, you can opt for a credit line that offers flexible repayment options or a short term personal loan, depending on your requirements.

Finance 93
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Can AI Help Us Understand Whether To Bail Out Banks?

The Horizons Tracker

Research from UCL explores whether AI can help governments to decide whether to bail out a bank in crisis or not. ” Bailing out a bank incurs short-term costs because the government investment inevitably increases the equity in the bank and therefore reduces its risk of defaulting.

Banking 108
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How Innovation Changes During A Recession

The Horizons Tracker

While Winston Churchill was famously supposed to have remarked that we should never waste a crisis, the reality is that during recessions, firms often tighten their belts and reduce the amount they invest in innovation. “We examine innovation following the Great Depression using data on a century’s worth of U.S. Big company activity.

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Preview Thursday: Benefit Corporation Law and Governance: Pursuing Profit with Purpose

Lead Change Blog

Yet the introduction of the “benefit corporation” gives leaders an opportunity to remake our business culture, and perhaps save the planet from our very human short-term bias. A short-term focus on profits led to the 2008 financial crisis and is creating worsening climate risk on a daily basis.

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Emergency Loans: 4 Tips to Consider

Strategy Driven

Although rush financial decisions should not be a norm, emergency loans can save your day in times of crisis. These tips will help you apply for an instant loan and get out of your financial crisis! A high credit score comes with higher chances for approval, higher loan limits, and better terms. Review Your Credit Score.

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August 2020 Leadership Development Carnival

Lead Change Blog

Ken writes: “ Extroverted leaders tend to have an advantage during times of crisis. Fortunately, many key leadership principles that apply in any crisis are incredibly valuable here. Learn some short-term actions and some longer-term initiatives you can take toward the sustained, hard work our organizations and people deserve.

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Social Justice Movement, COVID-19 and the Future of Work

HR Digest

Despite radically different underlying causes, the COVID-19 pandemic and the social justice movement do have something in common in terms of impact: They’ve laid bare systemic vulnerabilities and catalyzed widespread change. Given those numbers, it’s easy to forget the strength of the job market previous to the crisis.

Finance 98