Steve Shu Consulting

DECEMBER 31, 2014

In this post, I want to share my thoughts on design values related to behavioral economics and behavioral finance (which going-forward in this post I’ll simply refer to as behavioral science for brevity). With that as backdrop, here’s my Behavioral Economics and Behavioral Finance Manifesto (much like I did with my Management Consulting Manifesto back in 2011 ). Behavioral Economics General Management Innovation Behavioral Finance Behavioral Science Nudge

Finance 150

Finance Ethics Software Tools 150

Consultants Mind

MARCH 13, 2013

The Boston Consulting Group even went so far as to call … Continue reading → Learning BCG Boston Consulting Group Consulting Economics Era of Ponzi Finance Management consulting Not sure how this happens, but the entire developed world is in debt. Europe, the US, and Japan have borrowed so much money that they are headed towards ruin.

Finance 160

Finance Boston Consulting Group Report Groups 160

McKinsey

JULY 5, 2018

Companies are still in the early stages of applying digital technologies to finance processes in ways that will create more efficiencies, insights, and value over the long term. Strategy & Corporate Finance InsightsHere is how the CFO can lead the way.

Finance 74

Finance Efficiency Company Strategy 74

Tom Spencer

JANUARY 25, 2015

A successful firm will need to pursue sound strategy and, at the same time, stay on top of its finances. Business Strategy consulting finance Management Consulting The financier cares about the next 3 months or less. The strategist cares about the next 3 years or more. The financier wants the deal to close as soon as possible so that he can earn his bonus.

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Finance Strategy Strategy Strategy& 60

McKinsey

JANUARY 16, 2018

The decline of cross-border capital flows signals a stronger global financial system, write Susan Lund and Philipp Harle in International Monetary Fund. MGI in the News

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Finance Financial System 65

McKinsey

APRIL 5, 2018

Strong earnings in European consumer finance have drawn the attention of attackers, including large retailers and fintechs. To maintain their position, banks must focus on the customer and transform their operating models. Insights on Financial Services

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Finance Retail Banking Operations 82

McKinsey

FEBRUARY 22, 2018

In many countries, consumer sentiment has improved since 2015. Consumers have become more bullish about their ability to spend. Insights on Consumer Packaged Goods

Finance 79

Finance 79

McKinsey

NOVEMBER 2, 2016

Environmental projects are woefully underfunded. Improving their risk-return profiles and structuring larger investment products could unlock private capital to narrow the gap. Our Insights

Finance 87

Finance Productivity 87

Harvard Business

JUNE 1, 2017

Mihir Desai, professor at Harvard Business School and Harvard Law School, argues for re-humanizing finance. He says the practice of finance, with increasing quantification, has lost touch with its foundations. But he says finance can be principled, ethical, even life-affirming. Desai is the author of the new book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. He also writes about finance and the economy for hbr.org.

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Finance Ethics 38

McKinsey

SEPTEMBER 14, 2017

When it comes to infrastructure and capital projects, managing risks and incentives correctly can be a major enabler for opening up new funding streams and creating bankable project pipelines.

Finance 64

Finance McKinsey Management 64

McKinsey

MAY 31, 2016

A former finance minister makes the case for openness and discusses “de-risking.”. Our Insights

Finance 83

Finance 83

McKinsey

APRIL 12, 2017

Financing costs are higher, but the results are worth it. Our Insights

Finance 87

Finance 87

McKinsey

JUNE 2, 2017

Global leaders in infrastructure development confront a multi-trillion dollar gap in investment. New analysis from MGI estimates US$69 trillion of investment will be needed between now and 2035, write Jan Mischke and Diaan-Yi Lin in The Business Times of Singapore. MGI in the News

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Finance Analysis Development 49

McKinsey

DECEMBER 16, 2016

Digital technologies, starting with mobile phones, can rapidly fix problems encountered when savings are stored outside the financial system and foster faster, more inclusive growth, write Laura Tyson and Susan Lund in Project Syndicate. MGI in the News

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Finance Financial System 58

Consultants Mind

JANUARY 28, 2018

Learning FinanceThe post What is book-to-bill ratio? appeared first on Consultant's Mind.

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Consulting Finance 195

MishTalk

JUNE 29, 2017

The fine print is rather amusing: Must be subprime and must finance through Chrysler Capital. Reader Bian emailed an ad for huge discounts on cars. more…). Economics

Finance 48

Finance 48

McKinsey

SEPTEMBER 21, 2016

Delivering financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds $3.7 trillion to the GDP of emerging economies within a decade. Employment and Growth

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Finance Financial 114

McKinsey

NOVEMBER 22, 2016

In emerging economies, using a smart phone to provide access to financial services, could help boost the economy, write James Manyika, and Rodger Voorhies in Fortune. MGI in the News

Finance 70

Finance Financial 70

Harvard Business

MARCH 1, 2017

The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. Our global financial system moves trillions of dollars a day and serves billions of people. But the system is rife with problems, adding cost through fees and delays, creating friction through redundant and onerous paperwork, and opening up opportunities for fraud and crime.

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Finance Capgemini Insurance Insurance 47

Strategy+Business

JULY 23, 2017

The relationship between a chief financial officer (CFO) and chief human resources officer (CHRO) can turn a company around. Between them, they control the major sources of capital available to a company: human, financial, and often information technology.

Finance 58

Finance Information Technology Information Technology Education 58

MishTalk

SEPTEMBER 20, 2016

The last bubble is seldom reblown, but what about bubbles twice removed? In what seems like a reply of 2000, … Continue reading → Economics

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Finance Company 41

Harvard Business

MARCH 2, 2017

See More Videos > See More Videos > The same applies to trade finance and financial assets, where companies such as Digital Asset Holdings (run by JPMorgan veteran Blythe Masters ), Blockstream, and Chain are trying to revolutionize how assets are issued and traded. To understand the transformation that’s being brought about by blockchain technology, it’s useful to start with its largest implementation to date: bitcoin.

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Finance Accenture Video Energy 46

MishTalk

SEPTEMBER 13, 2016

A few days ago I pinged global trade expert Michael Pettis with my post Germany’s Finance Minister Blames ECB For … Continue reading → Economics

Finance 56

Finance 56

MishTalk

SEPTEMBER 15, 2017

In its latest move to stop an October 1 independence referendum, the Spanish Government is Poised to Seize Catalan Finances. Finance Minister Cristóbal Montoro said a mechanism had been approved for the state to take control of the autonomous region’s finances.

Finance 54

Finance Government Conference Report 54

Consultants Mind

MAY 28, 2018

Learning Finance Investment(geek alert) The DuPont Method is one of my favorite things from B school. Yes, it’s a way to calculate return-on-equity, but it’s also a great way for a consultant to get smart on a company quickly.

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Consulting Financial Finance Industry 156

Harvard Business

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. Even if you don’t need to know a lot about finance to do your day-to-day job, the more conversant you are on the subject, the better off you’ll be, according to Richard Ruback, a professor at Harvard Business School and the coauthor of the HBR Guide to Buying a Small Business. Stop avoiding finance because you’re afraid of numbers. “Finance and accounting are very simple.

Finance 47

Finance Balance Sheet Metrics Financial 47

MishTalk

MARCH 21, 2014

Inquiring minds are tuning into a report on the Ponzi finance setup in China. Our analysis indicates that China’s economy has arrived at that unstable state where speculative and Ponzi finance appear to dominate. Most assume China can grow at 7% a year, a notion that I have challenged on many occasions. Morgan Stanley agrees. Please consider Morgan Stanley: China''s Minsky Moment is Here.

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Finance Cash Flow Banking Government 43

MishTalk

SEPTEMBER 9, 2016

Fireworks are going off in Germany again in yet another battle between Wolfgang Schaeuble, Germany’s finance minister, and the ECB. Schaueble … Continue reading → Economics

Finance 44

Finance 44

MishTalk

MARCH 5, 2017

Fidelity has an interesting Family Finance Study about the attitudes and expectations of boomers and their millennial children regarding retirement finances and healthcare. To qualify, parents had to be at least 55 years of age, have an adult child older than 25 and have investable assets of at least $100,000. Children qualified if they were at least 25 years of age, had at least $10,000 saved in an IRA, 401(k) or other investment account.

Healthcare 43

Healthcare Finance Study 43

McKinsey

DECEMBER 9, 2016

Survey results show that as their role expands to include ever more nonfinancial demands, CFOs know they must build new skills to lead. Our Insights

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Finance Survey 85

MishTalk

OCTOBER 13, 2016

French MEPs (Members of European Parliament) introduced a proposal to create a “virtuous circle of financing creation” via a “You-Tube Tax” on online advertising. My counter proposal is a high tax on politicians, political activities, and of course socialists. more…). Economics

Advertising 47

Advertising Finance Course 47

MishTalk

APRIL 13, 2016

IMF chief Christine Lagarde is worried that public finances around the world threaten to undermine the global recovery. Despite deteriorating … Continue reading → Economics

Finance 43

Finance 43

MishTalk

MARCH 22, 2017

Jeroen Dijsselbloem, Dutch finance minister and president of the Eurogroup finance ministers, is in hot water today over derogatory statements regarding peripheral Europe. This compounds Dijsselbloem’s already significant problems as his party was trounced in the recent Dutch elections. Spain and Portugal now seek his ouster in addition to an apology. more…). Economics

Finance 44

Finance 44

MBO Partners

SEPTEMBER 21, 2017

What UK enterprises need to know about the Criminal Finances Act 2017

Enterprise 36

Enterprise Finance 36

Strategy+Business

JANUARY 15, 2014

In the fourth video interview of this five-part series, Eric Ries, author of The Lean Startup, describes his system of innovation accounting--and how it can convert learning into dollars. For more related insights, read "Why Eric Ries Likes Management" at [link

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Finance Video Interviews System 55

Harvard Business

MARCH 12, 2018

As someone who works in finance and is currently a student in the executive MBA program at the Wharton School, I’ve heard men say that they’re less likely to hire or associate with women as a result of the intensity of MeToo. Cláudio Policarpo/EyeEm/Getty Images. When my mother graduated from college in 1972, she interviewed at an investment bank where a manager told her that for certain positions, women were interviewed but never hired.

Finance 30

Finance Interviews Policies Banking 30

McKinsey

JUNE 2, 2016

What can other cities learn from Hong Kong’s approach to transit? Our Insights

Finance 83

Finance 83

Harvard Business

JULY 17, 2017

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. Recently, I asked a few students how people react to their choice to go into finance, and I was greeted with nervous laughter. The usual reactions to misbehavior in finance are outrage or regulation.

Finance 30

Finance Insurance Insurance Education 30

Steve Shu Consulting

JULY 22, 2016

Inside Nudging is written for management professionals and scientists to feed their thinking and discussions about implementing behavioral science initiatives (which includes behavioral economics and finance) in business settings.

Finance 195

Finance Company Research Examples 195

McKinsey

JUNE 19, 2018

Strategy & Corporate Finance InsightsSee how the debt of 51 countries has evolved since 2000 in an interactive data visualization.

Data 87

Data Finance Strategy Strategy 87