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 174

Finance Ethics Software Tools 174

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 179

Finance Boston Consulting Group Report Groups 179

McKinsey

NOVEMBER 3, 2018

Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here’s how finance teams will need to evolve to make the most of them. Insights on Operations

Finance 87

Finance Management Operations 87

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

Finance 59

Finance Financial System 59

BCG

AUGUST 30, 2016

Revenues from trade finance now total approximately $50 billion a year. Simultaneously, regulation is making trade finance more costly to supply. Part of the answer lies in the digital revolution unfolding in trade finance. Article Tuesday, August 30, 2016.

Finance 81

Finance Banking Agile Efficiency 81

McKinsey

JANUARY 2, 2018

Automation and artificial intelligence are poised to reshape the finance function. Knowing what to automate and managing the disruption can lead to a new era of productivity and performance. Our Insights

Finance 110

Finance Productivity Management 110

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 75

Finance Efficiency Company Strategy 75

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

McKinsey

APRIL 13, 2018

Many countries with emerging economies are considering health system financing transformation. Five no-regrets tips can help them build a strong foundation for their future health system. Insights on Healthcare Systems & Services

System 64

System Finance Marketing Healthcare 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 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

Finance 78

Finance Retail Banking Operations 78

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 73

Finance 73

McKinsey

APRIL 12, 2017

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

Finance 84

Finance 84

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 59

Finance McKinsey Management 59

McKinsey

OCTOBER 6, 2018

By working to be a better champion of its customers, PayPal has seen its transactions and customer base grow and satisfaction among employees swell. Insights on Financial Services

Finance 75

Finance Interviews Financial 75

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.

Finance 34

Finance Ethics 34

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 45

Harvard Business

DECEMBER 10, 2018

It is no wonder we came to fear our gender would keep us from achieving the same level of success as our male peers in finance. We turned to those most able to effect change in finance: the professionals actively working in the field. shutterjack/Getty Images.

Finance 52

Finance Interviews Banking Survey 52

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

Finance 114

Finance Financial 114

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

Finance 54

Finance Financial System 54

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

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 59

Finance Information Technology Information Technology Education 59

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.

Finance 46

Finance Capgemini Insurance Insurance 46

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 65

Finance Financial 65

Consultants Mind

JANUARY 28, 2018

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

Consulting 195

Consulting Finance 195

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.

Finance 59

Finance Cash Flow Banking Government 59

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

Finance 41

Finance Company 41

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

Harvard Business

JANUARY 24, 2019

Local innovation bonds could help fund ventures in new areas. Economy Entrepreneurship Innovation Digital Article

Finance 28

Finance 28

McKinsey

FEBRUARY 7, 2019

Strategy & Corporate Finance InsightsDon’t starve maintenance projects of funds.

Finance 94

Finance Strategy Strategy Strategy& 94

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.

Finance 42

Finance Accenture Video Energy 42

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

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

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

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

Finance 84

Finance Survey 84

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

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

Finance 55

Finance Video Interviews System 55

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 Industry Company 156