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Ecosystem Economics: Navigating the Water-Food-Energy Nexus

Harvard Business Review

When we talk about natural resource constraints on business — such as shortages in water or increases in the cost of energy or agricultural products — we tend to forget how deeply intertwined these commodities are. Facing these clear resource constraints, businesses will need to adapt, and soon.

Energy 14
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Don’t Blame the Apple and Exonerate the Tree

Harvard Business Review

We should, however, also be asking what set of conditions, constraints, pressures, and expectations affected the culture and organization to allow or produce the bad behavior. And what happened to the compensation of a typical JP Morgan managing director? Compensation Finance Organizational culture'

Banking 13
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Culture, Not Leverage, Made Wall Street Riskier

Harvard Business Review

At Goldman Sachs, one element that was different in the lead up to the financial crisis was not the amount of leverage but the constraints and incentives faced by partners. Ethics Finance Risk management' Other Wall Street firms have experienced similar leverage increases and decreases.

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When High-Return Bank Businesses Go Bad

Harvard Business Review

In my upcoming piece in June's HBR, I look at several actions that bank boards of directors can take to improve bank governance and mitigate risk. Because of the time constraints they face, boards can only focus on a limited number of issues. One of them is to allocate their time differently.

Banking 11
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What’s at Stake in an Economy with Low Oil Prices

Harvard Business Review

People see all of the economic constraints in growth around the world. economy, you’re talking about finance, you’re talking about IT — Apple and Facebook and others. They see all of the economic constraints in growth around the world that have been gaining momentum in the news over the last months.

Price 8
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3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

Unfortunately, the business outlook could change if ex-president Luiz Inácio Lula da Silva returns to office and fulfills his pledges to cancel pension reform and budget constraints.