Strategy Driven

NOVEMBER 2, 2018

Unethical dealings for short-term gain do not pay off in the long-run. It is important to teach business domestically and internationally that: We must understand how to use power and influence for positive change. How we meet corporate objectives is as important as the objectives themselves.

Ethics 51

Ethics Mission Statement Strategic Planning Benchmarking 51

Strategy Driven

DECEMBER 2, 2016

I have had many excellent ones in my long career and have in turn mentored hundreds of others. You must establish your own identity, which is a long, exacting process. Long-term success must be earned. The worst bosses do not sustain long careers at the top. Professional enrichment must be life-long.

Mentor 50

Mentor Learning-by-Doing Open-book Career 50

Harvard Business Review

AUGUST 4, 2014

We find the debate interesting because it offers a great example of reputation risk – and more specifically, of why such risk has to be assessed both quantitatively and qualitatively. Over the decades, risk management has become a deeply quantitative endeavor. Public relations Risk management Transparency'

Reputation 9

Reputation Risk Management Supply Chain Crisis 9

Strategy Driven

AUGUST 5, 2016

Organizational purpose, vision, quality of life, ethics, long-term growth. When all succeed, then profitability is much higher and more sustained than under the Hard Nose management style. Learn to pace and be in the chosen career for the long-run. Planning, tactics, organizational development. Culture and Mission.

Leadership 50

Leadership Benchmarking Learning-by-Doing Ethics 50

Harvard Business Review

MAY 23, 2012

Managing risks — especially the hard-to-pin-down, moving-target risks that any financial trading operation has to cope with — inevitably involves arguing. The words "risk management" usually evokes less subjective, more data-driven pursuits. MORE ON MANAGING RISKY BEHAVIORS.

Management 11

Management Risk Management Competitive Intelligence Hedge 11

Harvard Business Review

SEPTEMBER 26, 2014

By Focusing on Resilient Risk Management Ebola Battlers Can Learn from Venice's Response to Black Death NPR Every now and then, a story comes along that makes us editors say, "Why didn''t we think of that?" This all comes down to what the article’s authors call resilient risk management. Risk management'

Management 9

Management Risk Management Finance Real Estate 9

Harvard Business Review

MARCH 22, 2018

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. Think about the trader who is compensated on short-term profits and losses and not long-term value creation.

Company 12

Company Banking Incentives Human Capital 12

Strategy Driven

SEPTEMBER 2, 2016

Do something well and commit to long-term excellence. Understand conflicting societal goals. Fit your dreams into the necessities and realities of the real world. Find your own niche, do your thing. Seek truths in unusual and unexpected sources. Share your knowledge, and learn further by virtue of mentoring others.

Strategic Planning 51

Strategic Planning Planning Ethics Learning-by-Doing 51

Harvard Business Review

MAY 20, 2013

It''s a lawyerly, exhaustive, exhausting rundown of all the things that could possibly weigh on the earnings of a giant global bank, from regulatory changes to loans going bad to a liquidity crisis to the possibility that "one or more of its employees causes a significant operational breakdown or failure." He won''t be around forever, though.

Banking 8

Banking Crisis CEO Long-term 8

Harvard Business Review

OCTOBER 12, 2011

How does the concept help business people make critical trade-offs between short and long term or between competing, legitimate concerns of stakeholders — employees, suppliers, customers and shareowners? Yet this has been a long process of product design, introduction and success. Apple has paid no dividends since 1995.

Short-term 15

Short-term Rogers Long-term Price 15

Harvard Business Review

FEBRUARY 7, 2014

A half-day session on these questions with your executive committee will usually uncover reputational risks that could easily lead to problems or even a crisis. Because senior managers tend to focus on the short-term operational and financial aspects of their companies rather than the intangible assets that are worth so much more.

Reputation 8

Reputation Intangible Assets Competitive Advantage Long-term 8

Harvard Business Review

JULY 9, 2014

One possible reason is that the financial crisis and the recessionary period that followed have driven corporations to skew their board appointments towards including more risk management and conventional corporate experience, at the expense of more tech-savvy and digital knowledge.

Business Model 8

Business Model Technology Long-term Risk Management 8

Harvard Business Review

APRIL 4, 2011

One of the biggest mistakes that companies made during the recent crisis was the mass laying off of people to cut costs. Subsequent stock price performance proved its unpopularity with investors while numerous studies over the last decade demonstrated the precedent for its long-term, damaging effects on company performance.

Cost 15

Cost Metrics SWOT Operations 15

Harvard Business Review

JUNE 12, 2012

But as the financial crisis brought home, not all bank earnings are created equal. Those driven by additional business from satisfied customers are worth much more over the medium to long term than those achieved by trading, expense cuts, or increases in banks' net interest income.

Banking 11

Banking Short-term Long-term Metrics 11

Strategy Driven

OCTOBER 11, 2013

Rather than stick together in crisis situations and collectively investigate the problems, both Ford and Firestone distanced themselves from each. Current management of both companies were ill-advised on handling the crises. K-Mart, long the dominant discount chain had gotten comfortable with its leads over competitors.

Crisis 58

Crisis Crisis Management Retail Budgeting 58

Harvard Business Review

APRIL 6, 2016

The model can be a win-win as long as the two companies address different customer segments. A long-term financial investor (company A) and an industrial operator (company B) set up two joint ventures for an industrial asset: one that owns the asset, and another that operates the asset. Dual asymmetrical joint venture.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Strategy Driven

MAY 29, 2020

Whether the situation is a natural disaster, a man-made one, or something completely unforeseen like Coronavirus, having a crisis communications plan in the event of things not being ‘business as usual’ is essential. Not many small businesses can afford to shut down indefinitely if a crisis occurs. Creating A Communications Plan.

Insurance 65

Insurance Contingency Plans Norton Crisis 65

Strategy Driven

AUGUST 1, 2014

Once the PR crisis passes, things will get back to normal. Many factors contribute toward long-term success, which is a road filled with ups and downs. Making the big bucks is all that matters. Avoiding change, denying the need for change: What worked before works now… always will. Things will always stay the same here.

Budgeting 75

Budgeting Risk Management Quality Strategic Planning 75

Strategy Driven

JUNE 6, 2014

Interpret the results to management in terms that are easy to understand and support. Provide management with information that justifies their confidence. If steadily built, the trust can be exponentially parlayed into successful long-term business relationships. Document the findings. About the Author.

Franchising 72

Franchising Marketing Strategy Strategic Planning 72

Harvard Business Review

FEBRUARY 3, 2014

But the ultimate question that gets fuzzed-over in the filing and response is one of culture and accountability — whether a long-serving CEO is accountable for a corporate culture that has spawned major regulatory inquiries and settlements across a broad range of legal issues, even though the firm has otherwise performed well commercially.

Banking 8

Banking Fashion CEO Short-term 8

Strategy Driven

MARCH 7, 2014

The secret to long-term success lies in mapping out the vision and building a body of work that supports it. Have you celebrated organizations that succeeded? I hope that you are and will continue to be distinctive. This essay is to give insights into those who leave legacies.

Balanced Scorecard 71

Balanced Scorecard Budgeting Risk Management Learning-by-Doing 71

Harvard Business Review

DECEMBER 28, 2017

The land reforms triggered a series of events that spiraled into a major economic crisis and caused formal unemployment to soar to 90%. For companies willing to take on some risks, now is the time to buy local assets, which, though priced in USD, are still fairly cheap because of the associated risk.

Banking 8

Banking First-mover Advantage Politics Finance 8

Strategy Driven

FEBRUARY 3, 2012

Gaining confidence is crucial… as business relationships with professionals are established to be long-term in duration. Your key management team is dynamic, in terms of business issues. Crisis Plan. Risk management team. Work and abilities of your employees are diverse and creative. Statements.

Positioning 50

Positioning Company Strategic Planning Guidelines 50

Harvard Business Review

MARCH 26, 2015

Both practices have long developed insights into their customers based on data and analytics. But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. The risk function can do the same. Marketing Risk management Collaboration'

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

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

JANUARY 9, 2015

That seems somewhat surprising given that the Euro economic crisis seems to have tailed off, or at least plateaued. Clearly the economics of Europe are better than they were in the teeth of the Eurozone crisis. But the fact is that when there’s a big economic crisis, we are capable of responding.

Globalization 8

Globalization Banking Politics Crisis 8

Harvard Business Review

SEPTEMBER 14, 2012

Paul Tucker, Deputy Governor of the Bank of England, and the person leading the Financial Stability Board's recovery and resolution work programme, believes that banks have "nowhere to hide" in the post-crisis era and must face navigate stress in the future without relying on Government support. In other words: it's cheaper in the long run.

Banking 8

Banking Crisis Short-term Long-term 8

Harvard Business Review

FEBRUARY 8, 2018

We identified three emerging market risks that are top multinational leaders should be paying more attention to this year: the election of populists in Brazil and Mexico increasing the cost of doing business. conflict in the Middle East or Africa renewing the migrant crisis in Europe.

Market Risk 9

Market Risk Marketing Supply Chain Company 9

Harvard Business Review

SEPTEMBER 1, 2017

The crisis in Venezuela has been escalating over the last few years as product shortages, social unrest, and political clashes have grown more severe. However, the country’s crisis is unlikely to become top of mind for Latin America regional executives and corporate centers, at least from a business standpoint.

Sharpe 8

Sharpe Price Politics Supply Chain 8