Strategy Driven

NOVEMBER 7, 2019

The name of hedge fund billionaire Raymond Dalio triggers emotions of adoration, admiration, and even dislike. billion, Dalio started investing at the age of 12 and his life has revolved around finance. It gives you much time and room to focus on the bigger picture of managing your business. With a net worth of $18.7

Hedge 50

Hedge Leadership Learning-by-Doing Micromanagement 50

Harvard Business Review

DECEMBER 13, 2010

Hedge funds are playing the role of Wall Street villain again. Then came the November 22, 2010 raids of three hedge fund headquarters by FBI agents who seized documents and confiscated BlackBerries. Now authorities are serving subpoenas on other, larger hedge and mutual funds. This time, the charge is rampant insider trading.

Hedge 16

Hedge Ethics Incentives Environment 16

Harvard Business Review

SEPTEMBER 28, 2012

Acutely aware of the competitive edges timely data offers sophisticated investors, the company's ever-entrepreneurial cofounder once proposed that Google launch a hedge fund. Google may not have a hedge fund, but it's unlikely that high IQ hedge funds aren't using Google's data to better manage their own situational awareness and risk.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

JANUARY 14, 2014

At least, that’s one way of looking at Elliott Management’s campaign to shake things up at Juniper Networks. The hedge fund founded and run by billionaire Paul Singer just announced that it now owns 6.2% Most activist hedge funds are simply pushing a less extreme version of the same basic idea. On the whole, it seems to work.

Hedge 8

Hedge Chief Technology Officer Maturity IPO 8

Harvard Business Review

SEPTEMBER 22, 2014

The increasing inequality between companies is sharpest in finance, insurance, and real estate, followed by communications. So rising inequality is less about every CEO getting paid more than it is about the top finance executives leaving their peers in the dust. And it is most pronounced for the highest paid workers. Making the top 0.1%

Bryson 15

Bryson Hedge Company Real Estate 15

Harvard Business Review

MARCH 7, 2017

Just as striking is her description of Uber’s HR organization, which advised Fowler that because the manager in question was a high performer, HR did not feel comfortable punishing him. That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance.

Compliance 16

Compliance Hedge Human Capital Finance 16

Harvard Business Review

SEPTEMBER 2, 2016

But although the market as a whole displays a variety of biases in processing financial news, not all finance professionals consume news in the same way. In “News Consumption: From Information to Returns,” I compare the news consumption patterns of different finance professionals.

Price 12

Price Hedge Influence Finance 12

Harvard Business Review

JUNE 9, 2011

The trio (respectively, a finance professor at Cornell, an applied-math Ph.D This is the kind of thing that can drive people outside of quantitative finance a little crazy ; there's no reference to company fundamentals, just "sophisticated volatility estimation techniques combined with the method of reproducing kernel Hilbert spaces."

Company 15

Company Finance Price IPO 15

Harvard Business Review

JANUARY 26, 2012

Hedge fund investors who deploy capital in large and liquid markets can scale their time well. Bill Ackman's hedge fund Pershing Square, for example, has $9 billion in assets under management and fewer than ten investment professionals.

Hedge 16

Hedge Disruptive Innovation Venture Capitalist Venture Funding 16

Harvard Business Review

OCTOBER 3, 2011

Many companies face quarterly or even more immediate pressure from their shareholders (increasingly made up of hedge funds, program traders, and day traders) to deliver short-term performance. The residual problem I'm talking about is corporate short-termism. And they may; preventing takeovers is not the issue.

Long-term 19

Long-term Company Short-term Hedge 19

Harvard Business Review

JANUARY 11, 2016

The world is not short on capital — a startling $43 trillion of assets is currently under management in the United States alone. Investors from hedge funds to insurance companies are operating in an environment of low yields, near-zero interest rates, and a glut of savings.

Finance 8

Finance Bond Innovation Incentives 8

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 10

Supply Chain Chief Procurement Officer Risk Management Management 10

Harvard Business Review

MARCH 1, 2017

They represent content and digital rights management platforms (such as SingularDTV ), distributed venture funds (such as the the DAO , for decentralized autonomous organization), and even new platforms to make investing in ICOs and managing digital assets easy (such as ICONOMI ). ” Others are sure to follow suit.

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

AUGUST 8, 2018

Third, as a result of strong performances by worker- and employee-owned companies, it is becoming easier for workers to overcome arguably the biggest hurdle to worker buyouts: financing. The biggest difference is that workers have an important say in who manages them and how profits align with values. Already, U.S. Already, U.S.

ESOP 15

ESOP Company Cooper IAM 15

Harvard Business Review

AUGUST 12, 2013

Everybody has been piling on to hedge fund manager Bill Ackman lately. Ackman''s short-selling campaign against vitamin distributor Herbalife has blown up in his face, with the company''s stock up more than 75% since he unveiled his position last December and some of his most prominent hedge fund competitors profiting from his misery.

Hedge 8

Hedge Short-term Long-term Finance 8

Harvard Business Review

MARCH 24, 2011

What makes the matter fascinating to industry watchers, approximately their equivalent of the Charlie Sheen supernova, is that Gupta served three terms as managing director of McKinsey & Co., In his tenure as McKinsey's worldwide managing director, Gupta displayed macher-like ambition not just for himself but even more so for his firm.

McKinsey 16

McKinsey Consultative Waterman Intellectual Capital 16

Harvard Business Review

OCTOBER 14, 2013

I think he got the Nobel nod (instead of somebody like Andy Lo , or Mordechai Kurz , or Roman Frydman ) because he was (1) very early to the game, (2) a macroeconomist (the Nobel people generally seem more comfortable with macro than with finance), and (3) most suited to being shoehorned into a narrative of steady scientific progress.

CAPM 10

CAPM Finance Price Efficiency 10

Harvard Business Review

JULY 26, 2013

Five years after a financial crisis that, as best anybody can tell, had almost nothing to do with insider trading by hedge funds, the two biggest post-crisis criminal crackdowns on the financial sector in the U.S. insider trading by hedge funds. Ethics Finance Government' have centered on. Bharara has not filed charges (yet?)

Hedge 10

Hedge Handbook Crisis Price 10

Harvard Business Review

OCTOBER 24, 2014

And what happened to the compensation of the typical JP Morgan managing director? The second reason was that most managing directors had nothing directly to do with the losses. Each managing director was financially interdependent with every other. But these people were important parts of an organization that messed up.

Banking 13

Banking Ethics Long-term Hedge 13

Harvard Business Review

JANUARY 8, 2014

Fama is convinced that financial bubbles don’t exist, and until the dot-com era he was able to keep most of his colleagues in academic finance from even using the word “bubble.” Economy Finance Managing uncertainty' But I’m not sure what’s really gained by calling such events “bubbles.”. Not that it’s really up to me, of course.

Price 10

Price Finance Definition Uncertainty 10

Harvard Business Review

DECEMBER 3, 2018

Council of Institutional Investors (CII), representing managers of $25 trillion assets, recently demanded limiting any company’s dual-class share structure to seven years. Firms with growth opportunities as well as the need for external equity financing often convert to dual-class shares.

Class 14

Class Maturity IPO Short-term 14

N2Growth Blog

AUGUST 12, 2010

And as odd as it may sound, one of the greatest impediments to building productive teams is practicing management by consensus. To be blunt, the concept of equality in the workplace has only made team building more difficult as employees seem to have a sense of undeserved entitlement with regard to their roles and responsibilities.

Consensus 388

Consensus Team Building Blog Team 388

Harvard Business Review

DECEMBER 2, 2010

Doyne Farmer , a Los-Alamos-National-Laboratory-scientist-turned-hedge-fund-manager-turned-Santa-Fe-Institute-professor, has bent over backwards not to be ignorant and arrogant about economics. So they moved on (Brock's Santa Fe affiliation ended in 2002). In recent years J.

Decisionmaking 15

Decisionmaking Chaos Theory Hedge Marketing 15

Harvard Business Review

SEPTEMBER 7, 2016

So when people believe that they have a strong understanding of a subject — say, finance — they tend to overclaim more, asserting that they know concepts that researchers present to them, even when the concepts are made up. The managers desperately wanted to regain their losses, and the trust of their clients.

Hedge 8

Hedge Real Estate Marketing Advertising 8

Harvard Business Review

SEPTEMBER 27, 2013

In 2007, Clayton Christensen co-founded Rose Park Advisors, a hedge fund devoted to investing in disruptive companies. Sustaining innovation inhabits the world of incremental change, deliberate strategy , and most financial and management theory. Disruptive innovation Finance' New-market disruption is more complex.

Marketing 9

Marketing Innovation Disruptive Innovation Discounted Cash Flow 9

Harvard Business Review

MARCH 17, 2011

For a Hong Kong-based bank that was a symbol of imperial British commerce, London is a much more familiar place than New York, and a British bank much less alien to manage than an American one would be, let alone a European one. Besides moving the headquarters to London probably helped to seal the deal for Midland shareholders.

Banking 13

Banking Hedge Globalization Operations 13

Harvard Business Review

OCTOBER 24, 2016

In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. Given their size and appetite for diversification, these gigantic investors are a significant source of financing for many companies and governments in the developed world, and their investment activities can and do move markets.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

MARCH 20, 2013

Yet corporate top management invariably tries hard to force each unit into an overarching strategy. These four divisions set their own strategy — e.g. the business strategy for engineering services, the strategy for elevators, et cetera — and have their own management teams and P&L.

Strategy 10

Strategy P&L Engineering Cooper 10

Harvard Business Review

DECEMBER 17, 2013

Tech-world denizen Jesper Andersen tweeted a similar sentiment: “Change ‘startup’ to ‘hedge fund,’ ‘ecstasy’ to ‘cocaine’, and ‘douche-bag’ to ‘douche bag’ and you too can see SF is just another Wall St.” Mostly white mostly dudes getting rich by making stuff of limited social purpose and impact,” economist Umair Haque argued on Twitter.

Venture Funding 10

Venture Funding Entrepreneur CRM Hedge 10

Harvard Business Review

OCTOBER 27, 2014

billion in 2013, making him the fifth highest-paid fund manager in the land. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money. Apple Finance Skill vs. luck' Icahn won that playground tussle. In 2012 it was $1.9 Why’s that?

Hedge 8

Hedge Venture Capitalist Letter Reputation 8

Harvard Business Review

MAY 15, 2012

The bank's chief investment office, where the losses occurred, was charged with protecting JP Morgan from financial market volatility by trying to hedge bets made by other parts of the bank. It performed well during the financial crisis, and continued to deliver big returns in subsequent years.

Banking 11

Banking Hedge Constraint Operations 11

Harvard Business Review

SEPTEMBER 16, 2014

Or you could participate in projects financed in part by conventional investors and in part by non-profits. Even in the most hard-nosed of private equity firms or hedge funds you will find that people align with strategies that mean something to them, that they’re passionate about. So here’s the money management industry.

Insurance 11

Insurance Bond Hedge Bottom-up 11

Harvard Business Review

AUGUST 15, 2011

He cited the International Monetary Fund's 1997 judgment that "Malaysia is a good example of a country where the authorities are well aware of the challenges of managing the pressures that result from high growth and of maintaining a sound financial system amidst substantial capital flows and a booming property market."

Banking 13

Banking ROE Self-aware Proposal 13

Harvard Business Review

JULY 19, 2016

From my advisory work, research, and private discussions with executives and board members of pension funds, pension funds that succeed in keeping politics at bay combine strong governance with deft, often pre-emptive, management of issues that could spark a political backlash. Deft, pre-emptive management. Strong governance.

Politics 8

Politics Hedge Constraint Committee 8

Harvard Business Review

APRIL 3, 2014

There’s a wonderful scene (one of many) in Michael Lewis’s new book, Flash Boys: A Wall Street Revolt , in which John Schwall, then the head of product management at RBC Capital Markets in New York, decides one day in 2011 to figure out how stock trading had evolved into a high-speed, unfair race he thought it had become.

Long-term 9

Long-term Open-book Marketing Hedge 9

Harvard Business Review

APRIL 18, 2016

Remember Long-Term Capital Management ? LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners. But it’s dangerous and naïve to assume that better technology and more data guarantee better outcomes. Nevertheless, overreliance on models was its downfall.

Strategy 8

Strategy Supply Chain Technology Engineering 8

N2Growth Blog

NOVEMBER 10, 2010

It was Andy Grove the former Chairman and CEO of Intel and Time Magazine’s 1997 Man of the Year who said “You have to take action; you can’t hesitate or hedge your bets. A critical part of the talent management life-cycle is leadership development.

Blog 387

Blog Learning-by-Doing CEO Strategy 387