Remove Engineering Remove Ethics Remove Finance Remove Risk Management
article thumbnail

The Big Picture of Business – Business Success Checklist

Strategy Driven

Design and re-engineering of products-services. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. The organization maintains and lives by an ethics statement. The business you’re in. Study and refine your own core business characteristics.

article thumbnail

For a New Way to Manage Risk, Look to the Past

Harvard Business Review

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business Review

Similarly, when Starbucks baristas make your latte the same way across cafés, or when a software engineer delivers the expected features each sprint, you are witnessing tactical performance. Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk.

article thumbnail

Will Economics Finally Get Its Paradigm Shift?

Harvard Business Review

Ethics alert: this account is shamelessly self-plagiarized from something I wrote a few years ago.). That evidence has just kept on piling up in finance. Economy Finance Risk management' Physicists, in his experience, didn’t do that. This wasn’t because they were any smarter than social scientists, Kuhn concluded.

Cooper 9
article thumbnail

Culture, Not Leverage, Made Wall Street Riskier

Harvard Business Review

The design engineers kept taking incremental risks that they thought were acceptable and normalized them — until the disaster. The result was an intense focus on risk, including risks related to ethical standards. Ethics Finance Risk management'