article thumbnail

Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. financial stability were as misleading as the media frenzy over shark attacks in 2001. (NLY)’s December 2008 (85). August 2008 (93).

Sales 73
article thumbnail

We May Not Have a Clear Path, But We Each Have One

Harmonious Workplaces

In 1999, rock-and-roll legend Rikk promoted me within six months from sales associate and drum department head at Sam Ash Music to Operations Manager, where I not only led a warehouse crew, but I became the regional trainer on an Oracle-based POS system at the age of 23.

Hotels 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Does Effective Leadership Really Matter?

Organizational Talent Consulting

A controlled study involving leaders across different markets found a positive correlation between the leader's effectiveness and employee retention, sales, margin, labor costs, and net profit. Here are five more proven ways that effective leadership impacts individuals, teams, and organizations. Journal of Management, 14(3), 453-464.

article thumbnail

Coronavirus: Leadership during a Crisis

CaseInterview.com

There was 9/11 in 2001. There was the Great Recession in 2008. My guidance has usually been in the context of a client seeing major drops in sales, engaging in layoffs, and redirecting the team in a productive direction (as opposed to being paralyzed by fear or working on their resumes). However, it usually backfires.

article thumbnail

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. When Jack Welch stepped down as CEO in 2001, GE’s defined benefit (DB) plan was sitting on a surplus of $14.6

article thumbnail

The Art of the Elevator Pitch

Harvard Business

If there is no logline, more often than not, there is no sale. In 2001 it was that the original iPod allowed you to carry “1,000 songs in your pocket.” ” In 2008 it was that the MacBook Air was “the world’s thinnest notebook.” Identify one thing you want your audience to remember.

article thumbnail

Why Visionary CEOs Never Have Visionary Successors

Harvard Business

If you think the job of a CEO is to increase sales, then Ballmer did a spectacular job. He tripled Microsoft’s sales to $78 billion and profits more than doubled from $9 billion to $22 billion. Between 2001 to 2008, Jobs reinvented the company three times. Ballmer went on to run Microsoft for the next 14 years.