article thumbnail

A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 2008 meltdown highlighted harmful practices in the financial sector, such as credit default swaps and collateralized debt obligations.

article thumbnail

What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. This also includes Bitcoin (created in 2008) and Ethereum (created in 2015). Reading Time: 6 minutes. What is the value of digital currency?

Banking 120
Insiders

Sign Up for our Newsletter

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

article thumbnail

Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

Company cultures centered on efficiency thinking have flooded the marketplace with low-cost, widely available products and resulted in tremendous waste and social issues (Brown, 2009). Inequity and discrimination result from failure, one person at a time, one action at a time (Greenleaf, 2008). 2008) The servant as leader.

Culture 52
article thumbnail

What's Servant Leadership?

Organizational Talent Consulting

Here are some examples: Sodexo measures employee quality of life as the employee's physical environment , health and wellbeing, social interaction, recognition, ease and efficiency, and personal growth. 2020, May 4). Servant-leadership: A journey into the nature of legitimate power and greatness (25th-anniversary ed.). Paulist Press.

article thumbnail

Lead to the future: leadership imperatives for success

Brimstone Consulting

2020 has been replete with inspiring stories of organizations acting quickly to address immediate needs. A 2020 study found that most leaders (84%) feel their vision for the future is aligned with the organization. Build Agility. Breweries pivoted to making hand sanitizers. It is not a special project or something like that.

article thumbnail

How Companies Are Already Using AI

Harvard Business

My own firm released a survey recently of 835 large companies (with an average revenue of $20 billion) that predicts a net job loss of between 4% and 7% in key business functions by the year 2020 due to AI. Yet our research also found that, in the shorter term, these fears may be overblown. AI wasn’t new at Microsoft.

Company 43
article thumbnail

Analysis of Obama's Plan to Save the World From Greenhouse Gasses

MishTalk

The government has said that repealing the carbon price will still allow the world’s 12th-largest economy to meet its promised 5 percent reduction in emissions by 2020. As the Republican presidential nominee in 2008, Senator John McCain of Arizona pledged to put in effect a nationwide cap-and-trade law.