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 10

Management Risk Management Competitive Intelligence Hedge 10

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

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

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. Restricting stock sales could push their thinking and actions in a more long-term direction. I now have a Ph.D. million from $23 million.

Banking 9

Banking Ethics Long-term Hedge 9

Harvard Business Review

MARCH 11, 2011

The shorthand explanation: Globalization, technological change, and deregulation have disrupted long-established industries and professions. This was apparent in the role the big investment banks played in bringing on the 2007/2008 financial crisis: were they advisers? hedge funds? scam artists? The answer: a mix of all five.

PR 9

PR Public Relations Porter Hedge 9

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 11

Banking ROE Proposal Self-aware 11

Harvard Business Review

NOVEMBER 8, 2013

For so long, it was a price he had never had to pay," writes Carlson. One: In the long term, soft skills such as mentoring, inspiring, and “selling” (of concepts and goals) would be much more effective than combat drills. Crisis management' Armstrong was so emotional that it didn’t take much to provoke him.

Armstrong 8

Armstrong Bond Entrepreneur Crisis Management 8

Harvard Business Review

APRIL 18, 2016

Remember Long-Term Capital Management ? 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.

Strategy 8

Strategy Supply Chain Technology Engineering 8

Harvard Business Review

MAY 14, 2015

As you can see, the company ramped up its buyback activity during the internet boom of the late 1990s and then again in the years preceding the financial crisis of late 2008 and 2009. The chart below tracks McDonald’s distributions to shareholders from 1979. million in 2014 to a high of $12.6

Price 8

Price Franchising Short-term CFO 8

Harvard Business Review

MARCH 15, 2012

Update: Politico's Ben White did have a brief testimonial from hedge fund manager and Goldman client Whitney Tilson this morning.) And Goldman's behavior before and during the financial crisis just wasn't what any neutral observer could call client-centric. But he was long-term self-interested. It was Catchings' No.

Hedge 12

Hedge Long-term Banking Short-term 12

Harvard Business Review

FEBRUARY 24, 2017

In a recent survey , 70% of respondents said that CEOs focus too much on short-term financial results, and nearly 60% said that they don’t focus enough on positive long-term impact. It’s easy to fault CEOs for being too fixated on the short term. Essential to the story is the company’s purpose.

CEO 9

CEO Short-term Long-term EPS 9

Harvard Business Review

FEBRUARY 27, 2012

While the global financial meltdown and its aftershocks have unleashed a flood of indignation, condemnation, and protest upon Wall Street, the crisis has exposed a deeper distrust and implacable resentment of capitalism itself. In other words, we need a capitalism that is profoundly principled, fundamentally patient, and socially accountable.

Short-term 15

Short-term Long-term Ethics Incentives 15

Harvard Business Review

SEPTEMBER 26, 2012

Researchers find echoes of this story in other contexts all the time — circumstances where adding safety-enhancements to systems actually makes crisis situations more dangerous, not less so. The reasons are rooted partly in the pernicious nature of complexity, and partly in the way that human beings psychologically respond to risk.

Banking 8

Banking Crisis Hedge System 8

Harvard Business Review

FEBRUARY 8, 2018

conflict in the Middle East or Africa renewing the migrant crisis in Europe. The cost of doing business — and especially the cost of local production — would go up, and budget-busting government spending increases would erode long-term business confidence despite short-term stimulus.

Market Risk 9

Market Risk Marketing Supply Chain Company 9