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Why CEO’s Hire Consultants and Coaches: The REAL Value They Bring with Brad Rex

Consulting Matters

He applied for a financial manager job at Disney and was one of 1400 candidates. Brad had an unconventional start to his career after meeting his boss's boss while studying finance at college. He talks about his exciting career journey, which started at the Naval Academy, then to British Petroleum, and finally to Disney.

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What GE’s Board Could Have Done Differently

Harvard Business

During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team.

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Mexico Blames China for "Frankly Perverse" Currency Wars Then Joins Mad Intervention Party

MishTalk

One-Way Trip Lower Every rally in the Mexican peso vs the US dollar has failed since 2001. In April of 2001, it took 8.91 There is real concern that, in the face of the deceleration of the Chinese economy, the public policy response will be to start a round of competitive devaluations,” said Luis Videgaray, finance minister.

Finance 28
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Highland Park Michigan Skids Towards Bankruptcy, Public Union Pensions to Blame as Usual; Fifth Third Bank and Highland Park in Pension Funding Lawsuit

MishTalk

It''s ran nearly $500,000 over budget in 2012, the Associated Press reports, and under Public Act 436 will soon have to decide between accepting a consent order with the state, installing an emergency manager or filing bankruptcy. In any case, the city''s creditors could face losses if the communities finances don''t recover.

Banking 76
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Desert Hot Springs, CA Mulls Bankruptcy Due to Soaring Wages and Pensions; The "Only" Option; Just Deserts for CalPERS

MishTalk

Add Desert Hot Springs, CA to the list of California cities in dire straits due to poor management, union wages, and ridiculously unaffordable pension promises. The problems in Desert Hot Springs came to light last week when a new finance director reviewed the city''s records and discovered a $3 million shortfall in its budget of $13.5

Finance 69
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What 20 Years as a Remote Organization Has Taught Us About Managing Remote Teams

Harvard Business

Clarke painted a picture of how computers would change our way of life by the year 2001. Once clear, consistent outcomes are set, management conversations shift from exercises in delegation to problem-solving sessions. In his 1974 interview with ABC News , science fiction author Arthur C.

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Research: Business School Really Does Influence How Students Make Decisions Later On

Harvard Business

Through his academic research and teaching at HBS, Jensen promulgated a new financial orthodoxy that corporate managers should avoid diversification and instead focus on the firm’s core competencies. This changed after Peter Dolan (Dartmouth, 1980) took the helm in 2001.