N2Growth Blog

NOVEMBER 10, 2010

It was Andy Grove the former Chairman and CEO of Intel and Time Magazine’s 1997 Man of the Year who said “You have to take action; you can’t hesitate or hedge your bets. Whenever some crisis loomed on the Voyager, she was known barking out: “Options?” ” to the crew.

Blog 332

Blog Learning-by-Doing CEO Strategy 332

Harvard Business Review

MARCH 11, 2015

” But the only real wins are a victory for the hedge funds, and a Pyrrhic victory for GM in that it managed to keep Wilson off its board and reduced the size of the buyback from the $8 billion the investors had been demanding. During the bailout, financial firms, including hedge funds, were nowhere to be found. Instead, U.S.

Hedge 8

Hedge Company Automotive Restructuring 8

Harvard Business Review

DECEMBER 19, 2017

This is partly due to the tendency to grow more than needed as a hedge against weather and disease and fluctuating wholesale and retail orders. Food waste starts at farms in the value chain. In the U.S., it is estimated that about 7% of produce is left unharvested in fields every year.

Retail 8

Retail Supply Chain Crisis Short-term 8

Harvard Business Review

JULY 26, 2013

Five years after a financial crisis that, as best anybody can tell, had almost nothing to do with insider trading by hedge funds, the two biggest post-crisis criminal crackdowns on the financial sector in the U.S. insider trading by hedge funds. have centered on.

Hedge 8

Hedge Handbook Crisis Price 8

Harvard Business Review

JUNE 24, 2011

It's the burning question many of you have been hurling at me recently: "So instead of idly waiting around for the so-called mysteriously reluctant non-recovering recovery, what should we do to survive this never-ending raging crisis?". What's this never-ending crisis really about? Here's a tiny suggestion.

Crisis 20

Crisis Bond Depreciation Hedge 20

Harvard Business Review

JUNE 3, 2011

There's a beguiling little moment in the financial-crisis documentary Inside Job where hedge fund billionaire George Soros describes the principles of oil tanker design. It is good, and it piqued my interest in what Wilmers had been writing over the course of the financial crisis. Financial markets are like that, Soros goes on.

Banking 15

Banking Crisis Letter Hedge 15

Harvard Business Review

JULY 14, 2017

It piled up on streets and in vacant lots, and in 1898 urban planners convened from around the world to brainstorm solutions to the impending crisis. Rising sea levels flood Manhattan in Kim Stanley Robinson’s New York 2140 , prompting hedge fund managers and real estate investors to create a new intertidal market index.

Stephenson 15

Stephenson White Paper Real Estate Hedge 15

Harvard Business Review

JUNE 25, 2012

Contrarian Number 1 is George Elliott, founder of a hedge fund (Naftilia Asset Management) that plans to buy nothing but stocks from – wait for it – Greece. Bloomberg reports that he’s already raised 50 million euros.

Hedge 12

Hedge Advertising Asset Management Download 12

N2Growth Blog

AUGUST 12, 2010

Decisioning by consensus usually results in no decision being made, or an intellectually dishonest, watered-down decision that is so full of compromises, hedges and caveats that a non-decision might have been preferable.

Consensus 333

Consensus Team Building Blog Team 333

Harvard Business Review

AUGUST 14, 2012

The successful CEOs in our study were hyper-vigilant about threats around them (the paranoia part) and also took action to mitigate those threats, whether in the form of building buffers or hedging (the productive part). When a crisis strikes, in business or in government, the flow and speed of information go way up, and now more than ever.

Management 14

Management Licensing Crisis Hedge 14

Rich Gee Group

NOVEMBER 28, 2010

He started the Khan Academy as a way to tutor his cousins remotely — while he was a hedge fund analyst in Boston, and they were students in New Orleans. It was clear there was a huge unmet need, so Sal left his hedge fund job and started Khan Academy with the mission of providing a free world-class education to anyone, anywhere.

Hedge 314

Hedge Class Video Career 314

Harvard Business Review

AUGUST 4, 2014

But they also know that reputations can damaged by more than the operational risks that can be managed with functional redundancies, or the financial risks that can be countered by hedging, investing in futures markets, and global currency diversification. It should be no surprise that most “best practice” crisis-recovery examples (e.g.,

Reputation 9

Reputation Risk Management Supply Chain Crisis 9

Harvard Business Review

JULY 27, 2015

Yet if we want to understand and fix the Greek crisis, we must look at its structural causes, not just its symptoms. For all the party’s talk of “social justice” and “solidarity,” only €200 million has been granted to cope with Greece’s human crisis, and it has still not been fully disbursed.

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

DECEMBER 13, 2010

Earlier this year, Goldman Sachs dumped terabytes of information on government investigators looking into the causes of the financial crisis. It is a risk to business operations and profitability. But competitors would surely invest much more effort.

Gordon 14

Gordon Hedge Public Relations Document 14

Harvard Business Review

AUGUST 26, 2015

I know firsthand how challenging it can be to take a holistic approach, especially when your organization is in crisis. When Paul Polman became the CEO of Unilever, for example, he stopped giving analysts earnings guidance, dispensed with quarterly profit reports, and said there’d be no special treatment for hedge funds.

Metrics 8

Metrics Long-term Short-term Hedge 8

Harvard Business Review

MAY 23, 2012

Which is why managing those arguments, as Ina Drew appears to have done brilliantly during the financial crisis but wasn't around to do for the past couple of years, is so important. This is one reason why the standard risk-management set up at Wall Street firms proved such a bust in the financial crisis.

Management 11

Management Risk Management Competitive Intelligence Hedge 11

Harvard Business Review

JULY 19, 2016

Due in part to the stature of its board, a North American pension fund was able to retain a market-competitive pay structure despite the clamor that erupted following its announcement that it had suffered substantial investment losses during the global financial crisis. We pay competitively but no hedge fund-size packages.”

Politics 8

Politics Hedge Constraint Committee 8

Harvard Business Review

SEPTEMBER 20, 2017

CEOs live in fear of activist hedge funds, and politicians worry about their effects on workers. Since the global financial crisis, a new wave of “constructive,” or friendly, activists (typically referred to as engagement funds) has tackled the same corporate governance issues, but with an explicitly low-key, humbler approach.

ROE 8

ROE Construction Hedge Policies 8

Harvard Business Review

MAY 30, 2013

What''s more, the asset management industry — in particular the alternative-asset subset of hedge funds and private equity — has exported many of its pay practices into the corporate sector. So paying bank CEOs mostly in stock is a recipe for a financial crisis.

Hedge 8

Hedge Asset Management Incentives Outsourcing 8

Harvard Business Review

NOVEMBER 30, 2011

At a recent dinner party, I was speaking with a friend who had just been promoted to vice president at a well-known New York hedge fund. After the financial crisis, the large-scale, immediate layoffs at financial institutions and large corporations shattered prevailing expectations of job stability.

Career 20

Career Christensen Hedge Short-term 20

Harvard Business Review

JUNE 13, 2017

One of my students at London Business School joined a hedge fund and was bummed when he was laid off at the start of the financial crisis. See More Videos > See More Videos > Most of us can recall many such instances. But he received a healthy severance.

Telecommunications 8

Telecommunications Hedge Video Stress 8

Harvard Business Review

JANUARY 7, 2011

million in one year from the hedge fund D.E. This gap between what employees of Goldman and its Wall Street peers (including hedge funds, private equity firms, etc.) After the crisis of 2007 and 2008, though, that became a pretty tough argument to make. Summers had reaped even bigger Wall Street paydays — $5.2

Shaw 13

Shaw Decisionmaking Hedge Finance 13

Harvard Business Review

MAY 15, 2012

The bank's chief investment office, where the losses occurred, was charged with protecting JP Morgan from financial market volatility by trying to hedge bets made by other parts of the bank. It performed well during the financial crisis, and continued to deliver big returns in subsequent years.

Banking 9

Banking Hedge Constraint Operations 9

Harvard Business Review

APRIL 18, 2016

LTCM’s model continued to predict that it was properly hedged against a potential Russian default; the insight that it actually needed — that it was under-hedged and exposed to liquidity risk — could only have come from outside of the model. After the Russian financial crisis in 1998, LTCM imploded and lost $4.6

Strategy 8

Strategy Supply Chain Technology Engineering 8

Harvard Business Review

OCTOBER 24, 2014

I spent a dozen years there — a tenure that overlapped with Dudley’s — went on to work at several other firms, and then, after the financial crisis, decided to go back to school. Then I went to work at Goldman Sachs, in mergers and acquisitions first, proprietary trading later. I now have a Ph.D.

Banking 10

Banking Ethics Long-term Hedge 10

Harvard Business Review

AUGUST 15, 2011

The "Asian Contagion" currency crisis that depressed Thailand, Indonesian, South Korean and other currencies by as much as 70% was not yet over. And by the late 1990's investment banks and hedge funds were in the business of betting for and against currencies. One of the incidents that made it clear to us started way back in 1999.

Banking 12

Banking ROE Proposal Self-aware 12

Harvard Business Review

OCTOBER 19, 2012

That's the in-case-of-emergency sign that might as well hover over the desk of any communications manager, as the latest social media crisis reminds us. In the event of uproar, please invoke social media policy.

Risk Management 8

Risk Management Media Price Management 8

Harvard Business Review

OCTOBER 10, 2017

Bridgewater Associates, which was founded by Ray Dalio in 1975, is the largest hedge fund in the world, managing almost $160 billion. Its size and success are not the only interesting thing about the company. Another is Dalio’s philosophy of “radical transparency,” a topic he discusses in his new book, Principles.

Self-aware 8

Self-aware Travel Open-book Hedge 8

Harvard Business Review

MARCH 14, 2014

Herbalife After Big Bet, Hedge Fund Pulls the Levers of Power The New York Times If you’re looking for the corporate-governance version of House of Cards, this is probably the closest you''ll get (though there''s no strategic murdering here, as far as I know). Crisis management Information & technology Technology'

McGregor 8

McGregor Information Technology Crisis Management COO 8

Harvard Business Review

MARCH 11, 2011

This was apparent in the role the big investment banks played in bringing on the 2007/2008 financial crisis: were they advisers? hedge funds? Without such rules and bounds, in fact, capitalism doesn't seem to work very well. scam artists? The answer: a mix of all five. And that turned out to be a problem.

PR 9

PR Public Relations Porter Hedge 9

Harvard Business Review

JULY 12, 2013

Sheelah Kolhatkar, in a cover story (and what a classy cover it is) in the new Bloomberg Businessweek , argues that the great alternative to plain-vanilla equity and debt investing — the hedge fund — is more or less over, too. Still, where there are losers, there are winners.

Bond 8

Bond Finance Hedge Globalization 8

Harvard Business Review

MAY 15, 2014

hedge funds. The consequences of failing to do so are starkly illustrated by the Co-operative Bank’s crisis. Sir Christopher Kelly, a former British senior civil servant, recently produced a damning report , which reviewed the events that led to the £1.5 billion capital shortfall announced by the U.K.’s

Banking 8

Banking Project Enterprise Architecture CIO 8

Harvard Business Review

NOVEMBER 8, 2013

They''re the commitment equivalent of the hedge funder who uses LED light bulbs on his private jet to be ''environmental.''" Even our outrage is boring — we become insipidly incensed about "some guy who had his phone up in the air for, like, 20 seconds during the glockenspiel solo" of an Arcade Fire concert. Crisis management'

Armstrong 8

Armstrong Bond Entrepreneur Crisis Management 8

Harvard Business Review

SEPTEMBER 26, 2014

That’s why rich people can invest in hedge funds while, for the most part, regular folks can’t. Maybe there were some incriminating details behind the Goldman executive’s statement that alarmed Segarra and were left out of the story, but on the face of it there’s nothing to see here.

Banking 9

Banking Conflict of Interest Hedge Policies 9

Harvard Business Review

SEPTEMBER 11, 2013

Stuart Roden, Co Fund Manager of Lansdowne Partners'' flagship fund, one of the world''s largest hedge funds, tells me he sees one of his primary roles as being the person who challenges his staff to consider how they could be wrong, and then assess how this might impact on their decision-making.

Consensus 9

Consensus Hedge Diversity Stress 9

Harvard Business Review

SEPTEMBER 11, 2013

Stuart Roden, Co Fund Manager of Lansdowne Partners’ flagship fund, one of the world’s largest hedge funds, tells me he sees one of his primary roles as being the person who challenges his staff to consider how they could be wrong, and then assess how this might impact on their decision-making.

Consensus 9

Consensus Hedge Diversity Stress 9

Harvard Business Review

JUNE 26, 2014

Argentina lost big to a group of American “vulture” hedge funds in court last week, when the Supreme Court declined to reconsider an appeals court decision that the funds had the right to demand that the country make good on a bunch of old bonds they owned even though it long ago renegotiated the terms of that debt with most creditors.

Bond 8

Bond Long-term Short-term Finance 8