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Over the last few decades, countless risky financial products were sold to investors using harmless sounding terms like “credit default swap”, “mortgage backed security”, “special purpose vehicle” and “off-balancesheetfinancing”. Leadership. Graduate Consulting Group. Categories. Select Category. Business Frameworks.
Similarly, one of the primary drivers of GE’s fall from grace was the reckless pursuit of profits from its financing operations. Barry-Wehmiller, a $2B manufacturer of capital equipment, is committed to what it calls “ Truly Human Leadership.” This philosophy emphasizes respect for employees and is central to their management.
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