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Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. Back in 2010, I was part of a team that started one of the early behavioral finance centers with one of the investment manufacturing firms in the United States.

Mercer 186
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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. percentage point to GDP growth in 2008 and 0.3

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Inside a Fortune 500 Boardroom

CaseInterview.com

In contrast, my favorite boardroom belonged to a clothing retail chain in California during the Great Recession of 2008. If you know finance, especially the finance of retail businesses, that’s nearly impossible. Gross Margin = Price of Your Product - Cost of the Product. but was still profitable!

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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. Sustainable long term success should be defined not by the immediate outcome of your actions, but by the journey and the principles that you uphold along the way.

Ethics 78
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Jim Whitehurst on the Open Organization: A Conversation with the CEO of Red Hat

BCG

Jim Whitehurst is the president and CEO of Red Hat, the world’s leading provider of open-source enterprise IT products and services. With a background in business development, finance, and global operations, Whitehurst has a reputation for helping companies flourish—even in the most challenging of times.

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Consulting or Banking

Tom Spencer

People in the “investment banking” or “corporate finance” division typically help large organisations undertake merges and acquisitions. People in the “sales and trading” division buy and sell financial products. Sales people communicate with investors to sell financial products.

Banking 60
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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

70% of medium sized companies will change hands (2008). Notice the same predictions from 2008-2015? Gallup recently released a five-year-long study showing the variance between high and low productivity is 70% attributable to the manager. Synergistic product line firm. Contract manufacturer (of your product).