2001, 2008 and Finance - Management Consulting Connection

What GE’s Board Could Have Done Differently

Harvard Business

JULY 17, 2018

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. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee.

Cash Flow

Cash Flow Finance Financial Company

Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

JULY 10, 2013

Get Involved The State of the Unions Finances: A Citizens Guide. financial stability were as misleading as the media frenzy over shark attacks in 2001. That means they benefited from cheap financing as the Fed kept short-term interest rates near zero for more than four years. December 2008 (85). November 2008 (78).

Sales

Sales Real Estate Financial Advertising

Consultant Ninja: Friedman Billings Ramsey and Tom Peters.

Consultant Ninja

MARCH 23, 2009

It wasnt until 2001 that he admitted that he made up most of the data in the book. It is probably better explained by decent execution of a decent strategy during a REALLY GREAT time to be in finance. One week before seeing FBRs stock price, I ran across a long story from Tom Peters of In Search of Excellence fame. The ANALyst.

Oliver Wyman

Oliver Wyman Consulting Airlines McKinsey

Witch Hunt is On; Foolish Ideas on Stopping the Shanghai Carnage; US Bubble Will Burst Too

MishTalk

JULY 27, 2015

The amusing comment of the day comes from Zhu Ning, deputy dean at Shanghai Advanced Institute of Finance: “ If [the government] does nothing then all its previous efforts will have been wasted but if they continue with the rescue efforts then the hole will get bigger and bigger. Nor were shorts the problem in 2000 and 2008 in the US.

Real Estate

Real Estate Financial Policies Government

Mish's Global Economic Trend Analysis: Ritholtz on Gold and on.

MishTalk

JULY 2, 2013

Get Involved The State of the Unions Finances: A Citizens Guide. Barring some new developments — like all the gold in Fort Knox becoming irradiated — I do not expect to see a resumption of the 2001-11 uptrend. There exists no back-test for the current era of finance. December 2008 (85). November 2008 (78).

Trends

Trends Analysis Real Estate Financial

"Will These Central Bank Morons Ever Learn?" asks Albert Edwards at Societe General

MishTalk

OCTOBER 27, 2014

And they should have realised after the 2008 Great Recession that the longer they suppress volatility, both economic and market, the greater the subsequent crash. With borrowing costs once again near historic lows, Congress could simply decide to finance some more investments. Will these morons ever learn?

Banking

Banking Policies Financial Marketing

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

NOVEMBER 20, 2015

UPS Freight , the fifth-largest LTL, reported tonnage off 10 percent (matching the record decline reported in the 2009 3Q during the depth of the Great Recession) and shipments down 5 percent year over year (the worst drop since 2008 fourth quarter). Overoptimism 2008-2010 The SEP growth forecast for 2008 never turned negative.

Balance Sheet

Balance Sheet Banking Study Policies

Dollar Shortage Revisited; Is Japan Zimbabwe? Who's in Control? World Gone Mad

MishTalk

MARCH 16, 2015

ZeroHedge wrote " The last time the world was sliding into a US dollar shortage as rapidly as it is right now, was following the collapse of Lehman Brothers in 2008. More importantly, a dollar shortage certainly did not cause the crash in 2008. Excess debt and speculation caused the crisis in 2008. Same as 2008 or Opposite?

Banking

Banking Government Policies Finance

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

FEBRUARY 7, 2017

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. The differences were dramatic. We calculate that U.S.

Management

Management Metrics Financial Company

Hiring and Managing in Turbulent Times

Harvard Business

DECEMBER 12, 2016

The second World War had left business slow and finances strained. Then came the September 11, 2001, attacks, followed by fully-fledged economic crises in the U.S. The late 1940s were a tough time for the fledgling electronic equipment maker that would eventually become one of the America’s best-known technology companies.

Management

Management Talent Enterprise Financial

The Real Reasons Companies Are So Focused on the Short Term

Harvard Business

DECEMBER 13, 2017

CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). The result was a dramatic shift at P&G from 90% centralized control of R&D in the 1990s to 90% decentralized control of R&D by 2008. There are many reasons companies benefit from hiring an outsider, such as to effect change.

Company

Company Trends Research Case Interview

Corporate Inequality Is the Defining Fact of Business Today

Harvard Business

MAY 11, 2016

In 2008 Andrew McAfee and Erik Brynjolfsson wrote about their research on U.S. Salvanes of the Norwegian School of Economics and Business Administration reported that the productivity gap between firms had risen in the UK between 1984 and 2001, and that this phenomenon was linked to income inequality.

McKinsey

McKinsey Engineering Enterprise Research

Mish's Global Economic Trend Analysis: Blank Checks, Inflation.

MishTalk

JULY 16, 2013

Get Involved The State of the Unions Finances: A Citizens Guide. Japan is on its 16th prime minister since its asset bubble burst around 1990 and not since, or long before, Junichiro Koizumi (2001-2006) has it had a truly audacious leader pledging to shake up the status quo. December 2008 (85). November 2008 (78).

Analysis

Analysis Trends Real Estate Case Interview

If the U.S. Gets into a Trade War with the EU, It Will Lose an Ally in Pressuring China

Harvard Business

JULY 24, 2018

SOEs receive preferential access to land, finance, telecom, hydrocarbons, and electricity. When China was admitted to the World Trade Organization in 2001, the Western hope was China would move toward a market-driven economy. They enjoy lower taxes and selective anti-trust enforcement to shield them from private competitors.

Policies

Policies Industry Government Chemicals

Management Consulting Connection

What GE’s Board Could Have Done Differently

Mortgage REITs Clobbered as Leverage Forces Sales

Trending Sources

Consultant Ninja: Friedman Billings Ramsey and Tom Peters.

Witch Hunt is On; Foolish Ideas on Stopping the Shanghai Carnage; US Bubble Will Burst Too

Mish's Global Economic Trend Analysis: Ritholtz on Gold and on.

"Will These Central Bank Morons Ever Learn?" asks Albert Edwards at Societe General

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

Dollar Shortage Revisited; Is Japan Zimbabwe? Who's in Control? World Gone Mad

Finally, Proof That Managing for the Long Term Pays Off

Hiring and Managing in Turbulent Times

The Real Reasons Companies Are So Focused on the Short Term

Corporate Inequality Is the Defining Fact of Business Today

Mish's Global Economic Trend Analysis: Blank Checks, Inflation.

If the U.S. Gets into a Trade War with the EU, It Will Lose an Ally in Pressuring China

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