Remove 2025 Remove Culture Remove Finance Remove Operations
article thumbnail

Internal Strategy: Lessons Learned (1 of 2)

Tom Spencer

The strategy team consisted mostly of ex-consultants where our primary role was to execute and coordinate all key activities of the GWAM business, spanning six business units and eight functions, in areas of strategic initiatives, M&A, and corporate finance. Defining and identifying emerging disruptive business models (e.g.,

article thumbnail

The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. Insight Center.

Insiders

Sign Up for our Newsletter

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

article thumbnail

We Interviewed 57 Female CEOs to Find Out How More Women Can Get to the Top

Harvard Business

Ambitious women may be hesitant to self-promote, driven more by a sense of purpose and a desire to contribute value and shape culture. Nearly one-quarter said creating a positive culture was one of their most important accomplishments. ” Backgrounds in STEM, business, finance, or economics are a launchpad for female CEOs.

article thumbnail

Stop Focusing on Profitability and Go for Growth

Harvard Business

Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. So, in real terms, debt financing is essentially free. Some focus their best people on finding ways to squeeze out more profitability from existing operations, rather than creating new businesses.