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The Single Greatest Source of Your Organizational Problems (and their solutions)

Get Lighthouse

Start here: Learn how to motivate your team without breaking the bank Giving praise is a key way to motivate your team. Total Motivation” creator Lindsay McGregor has noted that a clear job role can be almost 2x more important than compensation in determining productive motivation among employees once you hire and onboard them.

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The Problem with the Profit Motive in Finance

Harvard Business Review

A few of the bullet points: • Banks insured by the Federal Deposit Insurance Corporation have $1.5 trillion in capital — the highest capital levels in the history of American banking. • Executive compensation has been reformed significantly to align with long-term performance. Investment banks used to all be partnerships.

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If the Auditors Sign Off, Does That Make It Okay?

Harvard Business Review

And he was not compensated for his presentation to my class.). The mispriced investments and derivatives at Enron look similar to mortgage-backed securities at banks or companies with a disproportionate amount of Level 3 fair-value assets (illiquid assets with highly subjective estimated values). million in cash and property.

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Warren Buffett's 2010 Shareholder Letter: What to Expect

Harvard Business Review

Create a corporate culture that admits problems and maximizes talent : Buffett allocates capital, monitors enterprise risk, chooses the managers, and sets their compensation. In order to move the earnings needle, he will have to bag larger and larger elephants. billion more than their total tangible book value.

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Why Leaders Lose Their Way

Harvard Business Review

Farkas, former chairman of giant mortgage lender Taylor, Bean & Whitaker, in April was found guilty for his role in one of the largest bank fraud schemes in American history. While most people value fair compensation for their accomplishments, few leaders start out seeking only money, power, and prestige. The leadership trap.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. Therefore, the balance sheets of physical and digital companies present entirely different pictures.

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How Companies Can Use Investors to Their Advantage

Harvard Business Review

Then a new CFO joined the company: Masashi Oka, a financial industry veteran who had played a key role in transforming Mitsubishi UFJ Financial Group-owned Union Bank in the US. Oka had found feedback from US regulators very helpful in his efforts to revive Union Bank and saw an opportunity to do something similar at Nikon.