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 15

Hedge Ethics Incentives Environment 15

Coaching Tip

AUGUST 7, 2011

As the Dow Jones industrial average plunged 513 points last Thursday, then gyrated wildly on Friday, all of Wall Street seemed to be asking the same question: What the heck is going on? Over the last three weeks or so, hedge fund managers have been betting that stocks will fall further. Why, then, all these crazy swings?

Hedge 95

Hedge Wilde Price Follow-up 95

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. These companies trade on the stock market and are leveraged to the price of the underlying metals.

Hedge 112

Hedge Price Short-term Reputation 112

Harvard Business Review

JULY 18, 2012

We're playing in two major markets. The other is medium-size businesses with 20 to about 100 employees; the purchaser at these places is a senior manager, not the owner.". "I Andrew had been one of her first hires at SparkPlace, a two-year-old provider of internet marketing software, and he'd continued to impress her.

Case Study 15

Case Study Marketing Software Analysis 15

Harvard Business Review

JUNE 13, 2016

Yet the unfortunate side effect of uncompetitive markets is that consumers pay higher prices. Basically, a handful of asset management firms have become the most powerful shareholders of the nation’s largest banks. Index funds have given millions of people relatively low-cost access to the stock market. trillion in assets.

Banking 8

Banking Hedge Asset Management Airlines 8

Harvard Business Review

JUNE 30, 2017

Senior leaders who have learned to manage in uncertainty focus on the few risks that matter most. How Different Industries Might Fare. companies in the automotive, agricultural, and textile industries by as much as one percentage point (assuming no pass-through of higher costs to consumers). political upheaval.

Supply Chain 10

Supply Chain Hedge Uncertainty Automotive 10

Harvard Business Review

JULY 18, 2012

We're playing in two major markets. The other is medium-size businesses with 20 to about 100 employees; the purchaser at these places is a senior manager, not the owner.". "I Andrew had been one of her first hires at SparkPlace, a two-year-old provider of internet marketing software, and he'd continued to impress her.

Case Study 13

Case Study Marketing Software Analysis 13

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. GM did $20.4

Hedge 8

Hedge Company Automotive Restructuring 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. Disruptive innovation can take several forms, and the market understands some types better than others. But do markets really follow the logic of an academic theory? Mostly, though, markets get things right.

Innovation 8

Innovation Marketing Disruptive Innovation Discounted Cash Flow 8

Harvard Business Review

SEPTEMBER 7, 2016

I recently encountered an illustrative case of overclaiming that could translate easily across industries. After one hedge fund I know had a horrendous quarter, the managers wrote to clients, saying that they were concentrating 70% of the entire fund into only five stocks.

Hedge 8

Hedge Real Estate Marketing Advertising 8

Harvard Business Review

JULY 5, 2018

The GE conglomerate combined a wide range of industrial businesses under one roof. 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.

Welch 8

Welch Software Industry Hedge 8

Harvard Business Review

NOVEMBER 9, 2012

When last year's massive earthquake hit Japan, the effect on electronics production was severe, and it also resulted in extended business disruptions for many in the automotive industry. When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars.

Supply Chain 9

Supply Chain Chief Procurement Officer Risk Management Management 9

Harvard Business Review

OCTOBER 9, 2015

“Everyone who has worked with American management can testify that the need to satisfy the pension fund manager’s quest for higher earnings next quarter, together with the panicky fear of the raider, constantly pushes top managements toward decisions they know to be costly, if not suicidal, mistakes,” he wrote.

Hedge 8

Hedge Short-term Long-term EPS 8

Harvard Business Review

JULY 14, 2017

If 19th-century urban planners had had access to big data, machine learning techniques, and modern management theory, these tools would not have helped them. Daniel Suarez’s novel Change Agent describes a near future in which synthetic biology has reshaped every industry. They simply would have confirmed their existing concerns.

Stephenson 15

Stephenson White Paper Real Estate Hedge 15

Harvard Business Review

OCTOBER 24, 2016

Innovation has the potential to transform the investment industry. In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. This disconnect is a major problem for the continuing development of efficient capital markets. But right now that’s not happening.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

JULY 12, 2016

Ask someone to name the demands that activist hedge funds make of companies and they’ll likely list corporate governance issues like board changes and executive compensation, or perhaps some form of restructuring. In contrast, fair marketing and advertising of products are very important for companies in these sectors.

Proposal 8

Proposal Short-term Advertising Hedge 8

Harvard Business Review

OCTOBER 18, 2016

The pay of top managers has risen faster than those of other star earners. Top management compensation packages guarantee a high level of pay, but are often only weakly linked to the performance of the firm relative to its industry competitors. CEOs get paid handsomely. public companies. public companies.

CEO 8

CEO Asset Management Cooper Incentives 8

Harvard Business Review

JANUARY 26, 2012

Graham argued that the proliferation of money combined with the decreasing costs to start a business were making the VC job more difficult, prophesying significant changes for the industry. The industry was born in its current form, however, when the first venture capital firms were founded in the middle of the twentieth century.

Disruptive Innovation 15

Disruptive Innovation Hedge Venture Capitalist Venture Funding 15

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? It’s clear that robo-advisors and AI play an important and growing role in the financial services industry, but a question remains. And, will they shake up the trillion-dollar corporate consulting and advisory industry? CSA Images/Printstock Collection/Getty Images. will grow to U.S. $5

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

MAY 30, 2013

One key reason for shareholders'' positive tone is that the stock market has been doing well. Say-on-pay is part of a big shift in recent years toward giving professional money managers more tools to affect the governance of (and in some cases discipline the managers of) corporations. That''s up from 69% in 2012 and 2011.

Hedge 8

Hedge Asset Management Incentives Outsourcing 8

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. Manne in his 1966 book, Insider Trading and the Stock Market. have centered on.

Hedge 8

Hedge Handbook Crisis Price 8

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. As one industry insider told us, “I am in the business of making money, I don’t care who you are, as long as you can help me in that goal.” Tooga/Getty Images.

Objective 8

Objective Metrics Sample Hedge 8

Harvard Business Review

JULY 22, 2016

Network businesses have always been around, from matchmakers to real estate brokers, but it’s the move to digital platforms that has led to market-shaking effects. Organizations that manage digital networks (we call them network orchestrators) are different from traditional product and service providers. Sponsored by Accenture.

Real Estate 8

Real Estate Business Model Incubator Short-term 8

Harvard Business Review

APRIL 4, 2014

Them” were the majority of managers who didn’t get what design was all about in the first place. And with good reason: From Target to Uber, business managers everywhere are starting to understand that the strategic use of design is making a difference in achieving outsized business results.

Venture Capitalist 8

Venture Capitalist Fashion B2B Hedge 8

Harvard Business Review

DECEMBER 17, 2013

While noting that this doesn’t seem to be the case with respect to the public — both the computer and internet industries poll favorably — she documents at length the rise of “tech hate” among journalists and other commentators, including HBR contributor Umair Haque: “Tech is something like the new Wall St.

Venture Funding 9

Venture Funding Entrepreneur CRM Hedge 9

Harvard Business Review

MAY 17, 2016

In early 2016, the country began a process of reviewing multiple economic sectors, including energy, labor markets, pensions, and health. Unlike in the smaller Gulf states such as the UAE, Qatar, and Kuwait, Saudi Arabia has a comparably large, regionally and economically heterogenous society to manage.

Politics 9

Politics Human Capital Price Long-term 9

Harvard Business Review

MARCH 18, 2013

Success begets not only further success but also harder-to-meet market expectations. In terms of sales volume, product line diversity, operating system flexibility, R&D spending, and even customer loyalty , Samsung has emerged as a fierce competitor that has bested former industry champions like Nokia and Apple. Brand confidently.

Brand 9

Brand Customer Loyalty Hedge Wilde 9

Harvard Business Review

OCTOBER 30, 2017

He radically transformed the company from a classic conglomerate that did everything to one that focused on its core industrial businesses. GE made a $4 billion bet on connecting industrial equipment through the internet of things and analytical software with a suite of products called Predix Cloud. YASUYOSHI CHIBA/Getty Images.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

APRIL 30, 2013

Here''s a brief (disguised) example: Due to changing market conditions, price compression, and the slow introduction of new products, a billion-dollar consumer products unit was starting to see erosion in market share and profitability. Managing people Managing yourself' Have we agreed on the key priorities?

Hedge 8

Hedge Metrics Planning Course 8

Harvard Business Review

JULY 10, 2014

There isn’t anyone successful at managing a mutual or hedge fund who avoids risk; we just need to face it carefully. Traditionally the industry encourages a solo approach to evaluating risk; at Fidelity Investments, where I worked for over two decades, each fund is assigned to one person who makes all the buying and selling decisions.

Tversky 8

Tversky Kahneman Hedge Analysis 8

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 12

Banking ROE Self-aware Proposal 12

Harvard Business Review

JULY 21, 2011

With the first approach, companies seek significant mismatches between their existing organizational capabilities and the markets they serve. They ask: Where are opportunities to introduce something totally unexpected in a market we already serve, with an offering we can deliver tomorrow with little additional investment?

Supply Chain 14

Supply Chain Sample Hedge Engineering 14

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. Public relations Risk management Transparency'

Reputation 10

Reputation Risk Management Supply Chain Crisis 10

Harvard Business Review

JUNE 29, 2018

GE’s fall accelerated on October 25, 2015, with activist hedge fund Trian announcing a $2.5 hbr staff/stan honda/Getty Images. billion equity investment in GE stock, one that made it a top 10 shareholder. GE stock was trading at $25.47 at the time of announcement, with a dividend of $0.92

TSR 11

TSR Company IPO Hedge 11

Harvard Business Review

DECEMBER 19, 2017

And because the traditional supermarket industry is highly concentrated (for example, in the UK, the top seven food retailers account for 87% of the grocery market), retailers have considerable market power to make change. Upgrade inventory systems with the latest technology. Food waste starts at farms in the value chain.

Retail 8

Retail Supply Chain Crisis Short-term 8

Harvard Business Review

OCTOBER 14, 2013

At the annual meeting of the American Finance Association in 1969, Fama presented a paper (published the next year in the Journal of Finance ) summing up what he and others had learned about stock market behavior over the previous decade and sketching out a way forward. Shiller, who got his Ph.D. It didn’t change Fama’s mind.

CAPM 9

CAPM Finance Price Uncertainty 9

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 8

Long-term Open-book Marketing Hedge 8