article thumbnail

How to make valuable values

People Business Psychology

Trust the values Organisations list their values because they feel it is important to distinguish themselves and describe themselves; values may give direction to how organisations operate and how they are guided by these principles. References: 1. Turconi, S. and Sull, C. When It Comes to Culture, Does Your Company Walk the Talk?’.

How To 52
article thumbnail

From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security. In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions.

Banking 88
Insiders

Sign Up for our Newsletter

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

article thumbnail

Part 2: From Answers to Questions: The Power of Inquiry-Based Leadership

The Consultants Peer Group

Multiple meta-analyses from 2020-2025 involving over 57,000 participants demonstrate that questioning-based leadership correlates with significantly higher employee engagement and performance than answer-driven management. This slows down operations and prevents teams from responding quickly to opportunities or challenges.

article thumbnail

100 smart things my strategy students said this semester

Consultants Mind

Or, we can examine a company from an operational perspective – the internal fixes (cost-cutting/synergies, efficiency in utilization, etc.) KN) Depending on your cost structure, your operating behavior will be very different. (BS) This quote shows the humility that Herb has when thinking about operations and company culture. (AC)

article thumbnail

Podcast interviews: learn from everyone

Consultants Mind

This can be famous scientist, actors, investors, operators, and musicians. They’ve seen it before and they can save us the trouble and the heartache of their own mistakes. These can be people you don’t know. This can be everyone. Please find a running Spotify playlist of 40+ favorite interview podcasts.

article thumbnail

Q&A on strategy: 2 hours with executives

Consultants Mind

Build a reputation as an operator. Strategy is cumulative , it’s a flywheel. Momentum helps the effort. Economies of scale, customer loyalty, higher switching costs (monetary or habitual), start up costs, network effects, something to make your customer stay with you. Do your work. Ask for help, when needed. Don’t whine.

article thumbnail

What Does M2 Money Supply Say About Recessions?

MishTalk

A: Nothing The Fed always trying to expand credit even when it does its feeble QT operations. However, the grotesqueness of the money creation from 2020-21 was so extreme, that the gradual reductions from the Monetary Base [bizarrely called QUANTITATIVE tightening] have left us with real M2 well-elevated above it 2019.