HR Digest

OCTOBER 17, 2020

And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. Household income and savings are ultra-low in most global markets.

Short-term 52

Short-term Committee Incentives Long-term 52

Harvard Business Review

AUGUST 27, 2018

stock exchanges has declined by almost 50% from its peak in 1996, despite dramatic increase in aggregate market capitalization. firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. stock exchanges.

IPO 14

IPO Company First-mover Advantage Intangible Assets 14

Harvard Business Review

JULY 20, 2011

Hence lots of the analytical, linear thinking at GM drove him to distraction; Product Planning analysts in particular: "a department composed of recycled finance types" as he calls them in the book. market, the single biggest problem by a wide margin was Toyota, which gobbled U.S. market: small and mid-car. Outside the U.S.,

Company 15

Company Franchising Fixed Costs Banking 15

Harvard Business Review

JANUARY 7, 2014

Not long after Alan Greenspan stepped down as Federal Reserve chairman in 2006, global financial markets began to unravel. I tried to get Greenspan to talk me for my November HBR article on economics and finance since the crisis , but he said he’d promised his publisher to keep mum until the book was out, which was too late for my purposes.

Long-term 15

Long-term Banking Short-term Finance 15

Harvard Business Review

SEPTEMBER 2, 2016

A cornerstone of efficient and transparent markets is freely available information. In 2001 professors Gur Huberman and Tomer Regev of Columbia University drew attention to a peculiar sequence of market reactions to news regarding a cancer research breakthrough licensed by biotech firm EntreMed.

Price 12

Price Hedge Influence Finance 12

Harvard Business Review

AUGUST 8, 2018

This changed after Peter Dolan (Dartmouth, 1980) took the helm in 2001. Despite the general trend across schools toward becoming more finance-oriented, there could have been considerable variation in what’s taught. In another supplementary analysis, we used the rankings of finance departments in business schools.

Influence 15

Influence Education Pharmaceuticals CEO 15

Harvard Business Review

JULY 11, 2013

In December, 2001, just prior to filing for bankruptcy, Enron Corporation had approximately $2 billion in cash and no debt coming due. In a keynote speech , he said Enron went bankrupt because of "decisions" made in October 2001. Were the rating agencies aware of Enron''s oft-maligned financing structures?

Price 8

Price Credit Rating Finance Chief Financial Officer 8

Harvard Business Review

JANUARY 30, 2013

By the fourth quarter of 2001 — that is, within about 21 months — it was turning a profit. That opportunistic approach to financial markets has defined Amazon since it went public in 1997. billion bond issue just before the debt-market meltdown of autumn 2008. billion in bonds the year before). Nice timing, huh?

Training 14

Training Bond Christensen Long-term 14

Harvard Business Review

JANUARY 17, 2013

In today's tumultuous environment, we believe that the work of sensing and responding to the market is too important to be left to random projects and a "volunteer army"; the processes of external sensing and driving enterprise-level integration needs to be designed, staffed, and owned just like all other processes.

Agility 11

Agility Process Long-term Short-term 11

Harvard Business Review

MARCH 24, 2011

Between 1994 when he was first elected and 2001, in his third term, the Firm more than doubled its number of consultants (3,300 to 7,700), partners (425 to 891), and annual revenues ($1.5 Competitors whispered that Gupta was committing the most un-McKinsey-like of sins: cutting price to get into new markets. billion to $3.4

McKinsey 16

McKinsey Consultative Waterman Intellectual Capital 16

Harvard Business Review

AUGUST 15, 2011

vision of financial world order; as Time magazine reported, he was "bursting with hubris over its booming equity markets and its just-announced 5.6% Mahathir stood his ground, not just at Davos but in the financial markets, by refusing the IMF's aid, reducing Malaysia's interest rates, and restricting currency trading.

Banking 14

Banking ROE Self-aware Proposal 14

Harvard Business Review

JUNE 13, 2012

Jeff Skilling, as a condition of his employment at Enron, insisted the company adopt mark-to-market accounting. billion in net income during the five years prior to its bankruptcy in 2001, while only $114 million in net cash was generated (or a mere 3% of reported income). Of course the right people have to be setting the rules.

Management 16

Management Banking Committee Risk Management 16

Harvard Business Review

NOVEMBER 21, 2012

After that the Bush administration and a Republican-majority Congress decided in 2001 to effectively set paygo aside. The then-sainted Alan Greenspan had given them ample cover, by expressing concerns that surpluses might eventually kill the bond market. In 2010, Congress voted to extend the 2001 cuts for two years.

Budgeting 9

Budgeting Bond Committee Commitment 9

Harvard Business Review

JULY 12, 2013

Over time, Rob Arnott and Peter Bernstein demonstrated in a great 2002 article in the Financial Analysts Journal , stock market returns should and do trail economic growth. stock market returns outpace economic growth, that money has to come from somewhere. Compensation Economy Finance' So when U.S.

Bond 8

Bond Finance Hedge Globalization 8

N2Growth Blog

SEPTEMBER 9, 2010

Mello Here's a link to a post I run each year at this time to make sure that I never forget the tragedy and heroism that took place on September 11, 2001. Join me in THANKS and in prayer for our Patriots, both domestically and abroad, who continue to fight valiently for the Freedoms we all enjoy!

Blog 404

Blog Hotels Follow-up Learning-by-Doing 404

Harvard Business Review

APRIL 25, 2013

It is no coincidence that this upheaval in the Chinese solar industry is occurring at a time when the central government''s subsidies that had financed the industry''s explosive expansion have declined even as problems in the global solar-panel market have soared. A Rise Fueled by Subsidies. To survive, U.S.

Price 8

Price Bond Industry Globalization 8

Women on Business

JANUARY 11, 2011

The Bush cuts also gradually raised the estate exemption and lowered the estate tax from 2001 until 2010, when the estate tax disappeared for that year only. Barring any Congressional action to change this law, taxes were set to revert back to their pre-2001 rates on January 1, 2011.

Press Release 178

Press Release Discount Insurance PR 178

Harvard Business Review

FEBRUARY 7, 2017

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. public market capitalization over this period.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

DECEMBER 12, 2016

The second World War had left business slow and finances strained. Then came the September 11, 2001, attacks, followed by fully-fledged economic crises in the U.S. When the market recovered, we were therefore poised to seize the opportunity. But, with legions of great engineers streaming out of closing or soon-to-close U.S.

Management 8

Management Uncertainty Crisis Short-term 8

Harvard Business Review

SEPTEMBER 4, 2015

We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D. Most of our top tech CEOs created value by rolling out earlier breakthrough innovations in a newly high-growth market.

CEO 8

CEO Innovation Pharmaceuticals Merchandising 8

Harvard Business Review

FEBRUARY 19, 2015

According to data from Yahoo finance, company’s market cap exceeds that of Toyota, BMW, Volkswagen, Ford, GM, Honda, Fiat Chrysler, Tesla, and Daimler combined. ” when Ron Johnson began rolling out Apple Stores in 2001. Apple’s cash hoard currently tops $175 billion.

Automotive 8

Automotive Supply Chain Disruptive Innovation Retail 8

Coaching Tip

JANUARY 29, 2014

The study explores net growth in private-sector business establishments from 2001 to 2012, ranking the best and worst states for new establishments post-recession and shedding light on national trends. produced between 115,000 to 210,000 net new private-sector establishments each year from 2001 to 2007. New Jersey. California.

Real Estate 97

Real Estate Health Care Insurance Construction 97

Harvard Business Review

DECEMBER 13, 2017

This has been a remarkable year for the markets. CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). The distinction between current profits and market value is important because market value takes into account future profits, so in principle it captures the long-run returns to R&D.

Short-term 8

Short-term Decentralization Company CEO 8

Harvard Business Review

AUGUST 23, 2018

In addition to signaling a strong economy, a tight labor market typically improves job prospects for groups with fewer skills and less experience, including teens. Even more worrisome has been the decline, since 2001, in the share of teens participating in the labor force. However, as of July 2018, the U.S.

Short-term 8

Short-term Participative Long-term Career 8

Harvard Business Review

MAY 11, 2016

public companies from the 1960s up to 2005 in HBR: “Since the mid-1990s, a new competitive dynamic has emerged — greater gaps between the leaders and laggards in an industry, more concentrated and winner-take-all markets, and more churn among rivals in a sector.” The competition story revolves around digital technology.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Coaching Tip

JULY 10, 2012

a year between 2001 and 2007 and plunged by 26.2% Despite waitressing to supplement her 20-year career as a support specialist at a cable company, the woman said that her finances are strained as utility bills, gas prices and the expenses of her two daughters keep growing. in the following two years.

Class 110

Class Price Bottom-up Health Care 110

Women on Business

DECEMBER 24, 2010

These estates were set to owe no taxes because tax law passed by the Bush Administration in 2001 and 2003 gradually increased the estate tax exemption over ten years while lowering the estate tax rate, and allowed for the estate tax to disappear completely in 2010. billion estate. The Bush law did allow a $1.3

Press Release 202

Press Release Discount PR Magazine 202

Strategy Driven

OCTOBER 26, 2016

These circumstances made the market ripe for our business idea – a central exchange for commercial real estate. Corporations with headquarters in Atlanta could discover properties on the market in Denver without flying to the local market. In 2001, Ed earned Entrepreneur of the Year honors from Ernst & Young.

Real Estate 50

Real Estate Chief Financial Officer Business Model Magazine 50

Harvard Business Review

JANUARY 12, 2017

Due to the fast growth of the SaaS market and the high valuations of SaaS startups, a move toward SaaS seems very compelling for traditional software vendors. For example, Adobe’s finance team estimated that the cost of running both models side by side would cost them twice as much as simply offering one of the models.

Business Model 8

Business Model Licensing Company Software 8

The Horizons Tracker

JANUARY 5, 2025

housing market collapse triggered the 2008 financial crisis. Instead, rising corporate debt may be the clearest warning of an impending financial crisis. Experts have focused on housing and household debt, especially since the U.S.

Real Estate 64

Real Estate GDP Crisis Banking 64

In the CEO Afterlife

JUNE 8, 2016

Years later, it took on bigger players by introducing new innovative packaging to the market, and subsequently carving out a double-digit share when few thought it could be done. competitors are entering the market. Within two years, the brand went from a small share to 25% of the Canadian market,” notes Bell.

Brand 100

Brand Brand Management Advertising Management 100

Strategy Driven

OCTOBER 19, 2016

In 2001, Ed earned Entrepreneur of the Year honors from Ernst & Young. Wyn has an MBA in finance and marketing from the Wharton School of the University of Pennsylvania and a BA in economics from the University of California at Santa Barbara. 500 company.

Real Estate 50

Real Estate Magazine Outsourcing Entrepreneur 50

Harvard Business Review

JUNE 4, 2012

In the six decades since Berlin's essay was published, hedgehogs have come to dominate academia, medicine, finance, law, and many other professional domains. Consider the Miami condo market, which has rebounded quite nicely since 2008 on the back of strong demand from Latin American buyers. at all, only in some de facto way."

Hammer 22

Hammer Real Estate Uncertainty Career 22

Harvard Business Review

MARCH 22, 2017

and European companies have spent the past 20 years concentrating more and more of their manufacturing in East Asia to reduce costs by exploiting labor-arbitrage opportunities and address the promise of that rapidly growing market. It’s time for them to rethink their supply-chain strategies. A shift toward protectionism.

Supply Chain 14

Supply Chain Chemicals Uncertainty Policies 14

Harvard Business Review

JULY 24, 2018

SOEs receive preferential access to land, finance, telecom, hydrocarbons, and electricity. When China was admitted to the World Trade Organization in 2001, the Western hope was China would move toward a market-driven economy. Such market shares will create a platform for global juggernauts. The growth of SOEs.

GDP 8

GDP Policies Supply Chain Cooper 8