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Pettis on Strains in China's Banking System; Avoiding the Fall

MishTalk

Next year will be a very important year for China because possible strains in the banking system and the intensity with which the reformers present their case will give us a better sense both of how much debt capacity the country retains and of how well positioned Xi Jinping and his allies are to implement the needed reforms.

Banking 71
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How People Analytics Can Help You Change Process, Culture, and Strategy

Harvard Business

And so a transformation is a system of systems, all made up of the most complex system of all — people. The people analytics team was surprised — as was finance team in that country, which had no reason to benchmark themselves against other countries and had no idea that they were such a bright spot.

Culture 54
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Chinese Banks Hemorrhaging Deposits, 1st Quarterly Drop Since 1999; Banks Offer iPhones, Even Cars for Large Deposits

MishTalk

Cash rebates, trips abroad, interest rates at the highest premium ever over the official benchmark rate, even free vegetables are among other goodies banks are dangling to get Chinese savers to deposit their yuan in savings accounts. Loan Financing Scheme Will Implode Think Chinese banks can lend money at rates that exceed 7 percent safely?

Banking 74
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$550 Billion Energy Junk Bond Bubble Busts; "Whac-A-Mole" Distortions in Multiple Markets

MishTalk

The Fed’s decision to keep benchmark interest rates at record lows for six years has encouraged investors to funnel cash into speculative-grade securities to generate returns, raising concern that risks were being overlooked. CJES), postponed financings this month as sentiment soured. And this is a mania.” percent this week from 5.7

Energy 78
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Project Management Maturity Models: A Basis for Reaching Your Organization’s Business Success

Epicflow

Project management processes and standards are integrated with other organization’s processes and systems. The Portfolio, Program and Project Management Maturity Model provides organizations with a framework to assess and benchmark the state of their performance as well as helps them develop improvement plans.

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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

By looking at the CX lifecycle though granular intents, companies can 1) benchmark where they are strong/blemished, 2) identify where a human touch in a contact center helps/over-indexes the needs of a customer, and 3) solve for customers’ CX needs with surgical precision.”

Data 29
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HR’s Role in Building High Performance Organizations

Confessions of a Consultant

Back in my GE days, the Finance Director was skeptical about the merits of the HR function which he labeled the ‘Health and Happiness Department.’ Benchmarking. Spend time (phone/net/in person) benchmarking the best in class sites in Ireland and internationally. Ensuring HR adds real Value. It was a great put down.