Harvard Business Review

JANUARY 16, 2018

On January 6, 2017, JANA Partners , a New York–based activist hedge fund, and the California State Teachers’ Retirement System (CalSTRS) sent a letter to Apple’s board of directors that may change the future of activist investing. Tim Ellis/Getty Images. According to US SIF , at the end of 2018 there was $8.72

Hedge 9

Hedge Long-term Short-term Letter 9

HR Digest

MAY 2, 2019

"Unleashing Collective Genius" As globalization takes a sharp turn from government to business, the issue of global talent mobility rapidly moves up the agenda. To what extent is that down to a successful talent management strategy? There are no short-cuts in management.

Resources 40

Resources Human Resources Leadership Pipeline Learning-by-Doing 40

Strategy Driven

NOVEMBER 22, 2022

For example, investors can use physical precious metals as a hedge against currency devaluation or inflation. These assets can also be used as a store of value and a potential hedge against geopolitical risks. Both can be a hedge against inflation. You should also consider a broader wealth-management strategy.

Hedge 121

Hedge Price Short-term Reputation 121

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.

Hedge 8

Hedge Company Automotive Restructuring 8

Harvard Business Review

JUNE 30, 2017

Senior leaders who have learned to manage in uncertainty focus on the few risks that matter most. They include improving cost management or operational effectiveness in procurement, supply chain, and inventory management. Options and hedges. political upheaval. One option today is automating operations to some degree.

Supply Chain 9

Supply Chain Hedge Uncertainty Automotive 9

Harvard Business Review

NOVEMBER 9, 2012

In an uncertain and volatile world, risk management — a previously unsexy subject for many managers who created annual updates or reviews of their company's risk management plans — is now a front-burner issue for many. These supply chain-related risk costs are present every day that managers come to work.

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

Harvard Business Review

JUNE 13, 2016

Basically, a handful of asset management firms have become the most powerful shareholders of the nation’s largest banks. This collective flood of individual investment has turned asset management companies into ginormous shareholders. BlackRock alone manages about $4.7 Take a look at this table. trillion in assets.

Banking 8

Banking Hedge Asset Management Airlines 8

Harvard Business Review

MAY 6, 2016

Four hundred seventy-one companies in the S&P 500 bought back stock last year, and 372 companies expanded their dividends — actions undertaken in spite of the need to invest heavily to keep up with global market changes.

Long-term 8

Long-term Incentives Short-term Management 8

Harvard Business Review

OCTOBER 24, 2016

In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. Collectively, the world’s investment giants hold in excess of $70 trillion in assets, which represents the bulk of investable capital globally. But right now that’s not happening. How is this state of affairs possible?

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

JULY 19, 2016

The enormity of the challenges confronting pension funds — including substantial deficits, a tumultuous global economy, and a low-return environment — means that they need to be able to focus on maximizing investment returns without distraction. Deft, pre-emptive management. Strong governance.

Politics 8

Politics Hedge Constraint Committee 8

Harvard Business Review

DECEMBER 17, 2015

Globally, it equates to 2% of all annual emissions linked to climate change. If the world is to become ever more efficient and reach global climate goals, internet power will need to play its part. Clean energy can provide a hedge against rising and more volatile electricity prices.

Energy 8

Energy Globalization Hedge Cost 8

Harvard Business Review

JULY 5, 2018

Unlike a pure holding company or a modern hedge fund, the GE model intended to create value by actively sharing capabilities among its disparate businesses, which, with one important exception, were all rooted in manufacturing. The diffusion of manufacturing technology through global trade, investment, and education has hurt the company, too.

Welch 8

Welch Software Industry Hedge 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

MARCH 12, 2012

I recently participated in a spirited panel discussion with Bruce Brown, Procter & Gamble's Chief Technology Officer, and Erich Joachimsthaler, Vivaldi Partners' managing director and CEO. Global giants have to increasingly ask emerging markets branches to go from acting as local distributors to serving as local developers.

Marketing 13

Marketing Hedge Chief Technology Officer Supply Chain 13

Harvard Business Review

OCTOBER 25, 2017

Imagine that you are choosing between two similar mutual funds, one managed by Marcus and the other by Tanya. Given the general underrepresentation of women among investment professionals, especially in hedge funds, it was not surprising that only about 4.2% Tooga/Getty Images.

Objective 8

Objective Metrics Sample Hedge 8

Harvard Business Review

JULY 17, 2018

Kumar is well known on Capitol Hill and with global tax experts because he has deep and broad knowledge of the subject and understands the dynamics of how policy will shape up now and in the future. He wrote a short document titled Good Product Manager/Bad Product Manager and used it to train his team on his basic expectations.

Skills 15

Skills Morale Ethics System 15

Leading Blog

APRIL 5, 2019

Should they make a big bet, hedge their position, or just wait and see? We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. When faced with uncertainty, how should leaders react?

Uncertainty 309

Uncertainty Sports Credit Rating Learning-by-Doing 309

Harvard Business Review

OCTOBER 8, 2014

Global enterprises and entrepreneurs alike will be able to use big datasets to generate business hypotheses around innovation and new value creation. The ingenuity is compelling: instead of using data to solve problems, AH technologies generate portfolios of provocative problems to solve. Or, more accurately, hypotheses worth testing.

Engineering 8

Engineering Core Competence Information Technology Hedge 8

Harvard Business Review

MARCH 17, 2011

London-based HSBC, arguably the world's most global bank, recently described speculation that it was planning to shift its headquarters from London to Hong Kong as "presumptuous." What is so special about where a global organization headquarters itself? After all, HSBC is not proposing to close its British operations.

Banking 11

Banking Hedge Globalization Operations 11

Harvard Business Review

AUGUST 12, 2013

Only a few days before, hedge fund billionaire Paul Tudor-Jones created a stir by remarking at a conference that women will never rival men as traders because babies are a "focus killer". Madisch realized that science needed a global community where the work took precedence over egos. households.

Sample 14

Sample Hedge Restructuring Conference 14

Harvard Business Review

AUGUST 18, 2014

For sheer bonhomie and bonding, golf remains a global opportunity for American, Asian, and European executives to mix business with pleasure. Indeed, I know Silicon Valley and (admittedly younger) hedge fund quant teams who bond and boost morale through their Minecraft bouts. Trust me, these folks will not be golfing at Torrey Pines.

Human Capital 8

Human Capital Game Theory Bond Hedge 8

Harvard Business Review

JUNE 29, 2018

GE’s fall accelerated on October 25, 2015, with activist hedge fund Trian announcing a $2.5 The happiest folks out there are probably GE Healthcare’s two big global competitors, Philips and Siemens Healthineers. billion equity investment in GE stock, one that made it a top 10 shareholder. GE stock was trading at $25.47

TSR 10

TSR Company IPO Hedge 10

Harvard Business Review

AUGUST 4, 2014

And isn’t lowering costs exactly what managers focused on shareholder value are supposed to be doing? Over the decades, risk management has become a deeply quantitative endeavor. Understanding how to manage reputation risk starts with understanding the elements of reputation. We’d like to propose a solution.

Reputation 9

Reputation Risk Management Supply Chain Crisis 9

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

MAY 17, 2016

Saudi Arabia’s vast global role on oil markets as a major producer, exporter, and decision-maker within OPEC is reciprocal; the country relies on oil exports for over 90% of its government revenue, making the Saudi budget, and hence the state itself, exceptionally dependent on this one source of revenue.

Politics 8

Politics Human Capital Price Long-term 8

Harvard Business Review

MARCH 5, 2012

You can make customers provide more rigorous authentication before they make a transaction, or have managers limit distribution of sensitive plans. Unfortunately, though, it's all too easy to grind your business to a halt with doctrinaire security policies.

Supply Chain 12

Supply Chain Risk Management Hedge Banking 12

Harvard Business Review

MARCH 24, 2016

The Global Digital Economy. Higher taxes on the 1% and closing tax loopholes benefiting hedge fund managers might be good policy ideas, but these policies on their own will not have much benefit for workers who have been experiencing stagnant wages. Insight Center. Sponsored by Accenture.

Policies 8

Policies Technology Hedge Banking 8

Harvard Business Review

MARCH 11, 2014

Global leaders pride themselves on having many connections across industries and sectors. To borrow a term from Wharton management professor Michael Useem, Owens is most definitely a member of the global elite’s “ inner circle.”. Playing golf with Jack Nicklaus. Smiling with President Obama at a state dinner.

Ethics 8

Ethics Hedge Diversity CEO 8

Harvard Business Review

JULY 21, 2011

Seems like strategic management 101, but oftentimes companies are unable to ask this question due to turf battles or leadership blind spots. This service was fundamentally new for South American customers, though obviously not new for the global firm. Unfortunately, the project wasn't able to hit the former target.

Supply Chain 13

Supply Chain Sample Hedge Engineering 13

Harvard Business Review

MAY 26, 2011

The executive implications for time management and, more important, people management are enormous. The awkward irony is that this radically increased access gives top management less choice — not more — about how it invests its limited attention. The chairman had artfully hedged and qualified his innovation clichés.

Due Diligence 12

Due Diligence Disintermediation Micromanagement Analysis 12

Harvard Business Review

SEPTEMBER 26, 2011

Volatility has returned to global markets, and consumer and business confidence is once again slipping. In scores of conversations I've had with business leaders, pension fund trustees, asset managers, employer associations, and NGOs since I first issued this call in HBR , everyone has agreed with the goal.

Long-term 8

Long-term CEO Short-term McKinsey 8

Harvard Business Review

JUNE 24, 2011

If we all invest in stocks, managers tend to get rewarded (whether or not they've performed). As the never-ending global economic crisis has intensified, we've had plenty of what economists call "capital flight" to "safer" financial assets, whether gold, bonds, or blue chip stocks. And cynicism's the surest path to mediocrity.

Crisis 20

Crisis Bond Depreciation Hedge 20

Harvard Business Review

JUNE 10, 2014

One representative example: April’s Education Innovation Summit , where more than 2,000 people energetically discussed how technology and markets are charting the future of education globally. Those who manage money for higher education, I propose, need to get much more interested in the market they are in.

Real Estate 8

Real Estate Education Disruptive Innovation Asset Management 8

Harvard Business Review

OCTOBER 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Then it wasn’t.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

DECEMBER 24, 2014

” Alain Ducasse runs a global empire of more than 20 restaurants with a collective 19 Michelin stars. I managed my restaurant from my hospital bed, by writing the menus, for example. ” And she admits she “was not initially the best manager.” If it brings you something else, that’s a plus.”

Career 13

Career Learning-by-Doing Hedge Creativity 13

Harvard Business Review

AUGUST 15, 2011

Regarding the latter, we point to some well-documented and broadly perceived shifts in the geography, demography, and technology of global economic activity. And by the late 1990's investment banks and hedge funds were in the business of betting for and against currencies. This limitation of speculation was exactly Mahathir's point.

Banking 11

Banking ROE Proposal Self-aware 11

Harvard Business Review

FEBRUARY 29, 2016

Today, business leaders are not only trying to address community and global problems earlier in their lives; they are also questioning the traditional divide between commerce and philanthropy.

Learning Curve 8

Learning Curve Hedge CEO Education 8