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

article thumbnail

Consultant Ninja: Friedman Billings Ramsey and Tom Peters.

Consultant Ninja

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. Productivity. (6). Still, Tom Peters enthusiasm is interesting. He attributes FBRs previous success to a unique methodology.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Clueless Magoo's Crash Guarantee

MishTalk

Alan Greenspan, one of the biggest contrary indicators in the history of finance says Stocks Are ‘Relatively Low’ and Headed Upward. “In irrational exuberance in 1996, Greenspan embraced the "productivity. In 2001 Greenspan went overboard the other direction embarking on a. Federal Deficits. Long Term Capital Management in 1998.

Banking 73
article thumbnail

How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business

launched a Software-as-a-Service (SaaS) subscription version of its key product line, Creative Suite, causing its net income to plummet by almost 35% percent the following year. Investors preferred new SaaS products over product conversions and valued having a product fallback option. On April 23, 2012, Adobe Inc.

Company 28
article thumbnail

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. Every year we learn more about the benefits of remote work, including increased productivity and the ability to attract Millennial workers. In his 1974 interview with ABC News , science fiction author Arthur C.

article thumbnail

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

MishTalk

With borrowing costs once again near historic lows, Congress could simply decide to finance some more investments. Dayden never mentions the structural problems with the euro itself, Europe''s demographics, or productivity differences between France and Germany (mainly stemming from socialism and inane work rules).

Banking 75
article thumbnail

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Third-quarter Gross Domestic Product grew at a 1.5 My personal belief is the trucking industry needs to realize production of goods will have ups and downs,” Satish Jindel, principal of SJ Consulting , which closely tracks industry pricing, told Logistics Management. in October from 50.2 in September.