Harvard Business

OCTOBER 6, 2016

The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely. But the fallout is far from over.

Leadership 37

Leadership Banking Ethics Culture 37

Harvard Business

DECEMBER 14, 2018

I explained this in an article that was published in Harvard Business Review in 2008, before any of those companies began, and, now, 10 years later, that still holds true, as more and more of the business discourse is focused on digital transformation.

Advertising 51

Advertising Turnaround Resources Comparison 51

MishTalk

JUNE 29, 2013

The Fed, we would argue, is too cyclically oriented, focusing substantially on housing prices and car sales. To my eye, Fed Funds will not increase until at least mid-2015 and even then subject to a consistently strong economy that produces 2%+ inflation. December 2008 (85). November 2008 (78). October 2008 (108).

Analysis 70

Analysis Trends Real Estate Financial 70

MishTalk

MARCH 31, 2015

This is now showing up in numerous Canadian coincident data releases, with retail sales being the latest to miss expectations last Friday. Canada December Retail Sales On February 20, the Huffington Post reported Canadian Retail Sales Post Biggest Drop Since April, 2010. Statistics Canada said Friday retail sales fell 2.0

Data 28

Data Retail Sales Banking 28

Harvard Business

APRIL 14, 2017

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. AI wasn’t new at Microsoft.

Company 43

Company Survey Finance Engineering 43

MishTalk

JANUARY 18, 2016

On September 30, 2008, the SEC and the FASB issued a joint clarification regarding the implementation of fair value accounting in cases where a market is disorderly or inactive. Section 132 of the Emergency Economic Stabilization Act of 2008, which passed on October 3, 2008, restated the SEC's authority to suspend the application of FAS 157.

Energy 28

Energy Banking Journal Report 28

MishTalk

APRIL 29, 2015

Let's take a January 31, 2015 flashback look: Diving Into the GDP Report - Some Ominous Trends - Yellen Yap - Decoupling or Not? US Recession The US won't decouple, just as China did not decouple from the global economy in 2008-2009 (a widely-held thesis I also knocked at the time). Exports added 0.37 But note the trend.

Trends 28

Trends Government Energy Report 28

Harvard Business

JULY 17, 2018

billion in 2015 for Alstom’s business of making coal-fired turbines for power plants. ” GE settled the case by paying a $50 million fine and publicly correcting several sets of financial statements spanning the years 2001 through 2008.

Cash Flow 28

Cash Flow Finance Financial Company 28

MishTalk

DECEMBER 10, 2015

Inventories to Sales Economists missed the wholesale trade report numbers by a mile. Inventories to Sales The inventory-to-sales ratio is clearly in the danger zone. percent but sales are down 3.7 Sales are up 2.3 Sales are up 2.3 And subprime lending has been a driving force behind those sales.

Sales 28

Sales Report Trends Real Estate 28

Harvard Business

OCTOBER 21, 2016

Wal-Mart, for example, aimed to double fleet efficiency between 2005 and 2015 through better routing, truck loading, driver training, and advanced technologies. According to the 2015 EY Global Institutional Investor Survey, investors are increasingly using companies’ nonfinancial disclosures to inform their investment decisions.

Study 28

Study Efficiency Productivity Operations 28

Harvard Business

SEPTEMBER 17, 2014

To start, consider the figure below, “Performance since 2008,” a quarter-by-quarter time-series plot of results on a variable of interest (for example, it could be sales of a particular item, estimated resources to complete a certain project, etc). We need to predict performance for the first quarter of 2015 (1Q15).

Data 28

Data Trends Financial Examples 28

Harvard Business

JANUARY 5, 2018

In sales-driven companies (think pharmaceuticals and industrial equipment), they are often field sales managers who direct dozens of salespeople in the highest-volume regions. The jobs are in sales, customer contact centers, and field service positions. Or they may be people who interact with customers after the sale.

Talent 28

Talent McKinsey Apparel Sales 28

MishTalk

MARCH 1, 2015

One real estate agent said “a hell of a lot” of property was on the market – about 400 houses were for rent or sale and buyers were scarce. The Australian dollar fell sharply on the announcement of a cut, dropping to a fresh 5½-year low, while the stock market surged to the highest level since May 2008.

Real Estate 28

Real Estate Banking Construction Policies 28

Harvard Business

MAY 23, 2018

Recall that Nokia dominated the mobile and smartphone markets in 2007-2008 when Apple launched the iPhone and Google the Android operating system. ” Ultimately, Nokia acquired Nokia-Siemens Networks in 2013, and started expanding the networks business, also acquiring Alcatel-Lucent in 2015.

Strategy& 28

Strategy& Strategy Strategy Analysis 28

Harvard Business

OCTOBER 30, 2017

In 2015 Trian Partners, an activist investor, bought $2.5 In 2015 the 10 largest shareholders in a typical S&P 500 company held almost half of the company’s stock.) Or they may even put the entire company up for sale. During Immelt’s tenure, GE’s stock market value fell by about half. of the company.

Balance Sheet 28

Balance Sheet Financial Journal Company 28

MishTalk

MARCH 12, 2015

China''s growth target for 2015 is 7.0%. Debt matters - $30 Trillion – up $9 trillion since 2008 Debt is 200-300% of GDP counting Shadow Banks. Orange and lemon groves turn to useless, vacant housing Property 20% of GDP and tracking negative (sales and pricing). Analyst estimates of Chinese growth keep getting lower and lower.

Banking 28

Banking Government Video Sales 28

MishTalk

APRIL 12, 2015

The category of sales slid to 57.9 It is suddenly very hard to get and this looks like the situation that existed at the start of the recession in 2008 [2007 actually]. The overall economy didn’t look all that bad in late 2008, except that there was a dearth of credit and that soon led to business failures and struggles.

Comparison 28

Comparison Data Trends Company 28

Harvard Business

MAY 19, 2016

” Back in 2008 the narcolepsy medication Modafinil was labeled the “entrepreneur’s drug of choice” by TechCrunch. ADHD medication sales are growing rapidly, with annual revenues of $12.9 billion in 2015.

Ethics 52

Ethics Exercises Study Policies 52

MishTalk

FEBRUARY 26, 2014

The US Consumer must have known the weather would be bad already last summer looking at this chart of Retails Sales: The US consumer remains 2/3 of the economy but he is still conservative: Spending rose 2.0% Strategy Fixed income: Still see new lows in 2014 – mainly in Q4- into Q1-2015. I simply believe that China leads the world.

Banking 74

Banking Conference Travel Policies 74

Management Consulted

NOVEMBER 6, 2016

Today’s emphasis is on ZS Associates (pronounced Zee S in the USA) – a premier boutique firm focused on sales force and marketing optimization. Upon realizing that their findings were highly applicable to the problems of sales force sizing and resource allocation, they decided to investigate further. sales force teams.

Case Interview 100

Case Interview Interviews Sales Pharmaceuticals 100

MishTalk

APRIL 9, 2015

While most do see Obama''s Trans-Pacific Partnership (TPP) as a fiasco, many question my alternative proposal: An excellent free trade agreement would consist of precisely one line of text: All tariffs and all government subsidies on all goods and services will be eliminated effective June 1, 2015". They offer them for sale to us.

Industry 28

Industry Chemicals Energy Banking 28

MishTalk

MARCH 27, 2015

Earnings Insight Let''s dive into the FactSet Earnings Insight Report for first quarter of 2015. Earnings Revisions: On December 31, the estimated earnings growth rate for Q1 2015 was 4.2%. Earnings Guidance: For Q1 2015, 85 companies have issued negative EPS guidance and 16 companies have issued positive EPS guidance.

Report 28

Report Company Metrics Energy 28

Harvard Business

AUGUST 17, 2017

Consider the example of Gatorade in 2008. When Sarah Robb O’Hagan agreed to take over Gatorade in 2008, she thought she was assuming leadership of an iconic brand that had grown a little tired. Gatorade had seen a sales drop of 10%, while Powerade’s sales had grown 13%. In 2015 it had $1.3

Productivity 28

Productivity Sports Sales Energy 28

Harvard Business

JULY 12, 2017

We introduced the Digital Evolution Index in HBR in 2015 to trace the emergence of a “digital planet,” how physical interactions — in communications, social and political exchange, commerce, media and entertainment — are being displaced by digitally mediated ones. Today’s Digital Landscape.

Methodologies 28

Methodologies Policies Government Data 28

Harvard Business

DECEMBER 12, 2016

The age of streaming music has arrived in full force, displacing both physical sales (e.g., album sales, both physical and digital, have plummeted from a peak of 785 million in 2000 to just 241 million in 2015. CDs) and downloaded songs (e.g., As streaming has taken hold, U.S.

Metrics 28

Metrics Sales Industry Data 28

Harvard Business

DECEMBER 28, 2017

Prior to this, only 2007-2008 saw this many annual deals, and before that the single-year peak of 2000 saw “just” over 40,000 deals. Intel’s $15 billion acquisition this year of MobileEye was not only the largest sale of an Israeli startup , but also a signal that the heart of tech is going on the road.

Healthcare 28

Healthcare Automotive Chemicals Retail 28

MishTalk

SEPTEMBER 1, 2015

Here's a chart I put together last month on sentiment and sales. University of Michigan Sentiment vs. Sales To be fair, one needs to look at per capita spending and factor in boomer dynamics such as aging, etc. Let's compare Yellen's belief to reality. Bloomberg conveniently provided this chart. states and the District of Columbia."

Survey 28

Survey Conference Report Comparison 28

Harvard Business

MARCH 13, 2017

When an E.coli outbreak at Chipotle Mexican Grill outlets left 55 customers ill , in 2015, the news stories, shutdowns, and investigations shattered the restaurant chain’s reputation. Sales plummeted, and Chipotle’s share price dropped 42%, to a three-year low , where it has languished ever since. and Europe.

System 51

System Government Data Accenture 51

MishTalk

MARCH 25, 2015

Yet economists believe " Auto sales are expected to reach their highest level in a decade this year, bolstered by strong job gains and cheap gas." Canada in Recession, US Will Follow in 2015 Earlier today in Canada in Recession, US Will Follow in 2015 , I stated " A Canadian recession is underway. US will follow.

Trends 28

Trends Transportation Report Data 28

Harvard Business

JULY 5, 2016

billion in the rest of Europe over the period 2010-2015. A 2015 survey by Wayra , a startup incubator, last year found that over a fifth of startup talent in the UK came from other EU countries. billion as compared to $4.4 Decision-Making Will Be Held Hostage to Uncertainty. The digital talent market in the UK is already tight.

Talent 31

Talent Enterprise Industry Software 31

MishTalk

JANUARY 31, 2015

Final sales of domestic product slowed to 1.8 Final sales to domestic purchasers eased to 2.8 Yet economists believe " Auto sales are expected to reach their highest level in a decade this year, bolstered by strong job gains and cheap gas." percent figure versus analysts'' estimate of 3.2 percent and following 5.0

Trends 28

Trends Report Sales Transportation 28

Harvard Business

JANUARY 5, 2017

But in the last two contests in which Hillary Clinton has participated, the 2008 primary and the 2016 election, she won on most of these metrics — and lost the elections. JC Penney spent no money on television advertising during the 2015 Super Bowl, yet its “mittens” campaign was one of the most watched.

Media 40

Media Advertising Metrics Productivity 40