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The Race to Dominate Stablecoins

Harvard Business Review

Stablecoins — cryptocurrencies pegged to an external currency — have the potential to rewire the global financial system, and expose banking and finance to new digital competition. The outcome will be consequential not only for financial institutions but for any company and digital platform that relies on money movement at scale.

Banking 143
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How Boards And Management Should Prepare For Long-Term High Interest Rates

Chief Executive

A few things boards might consider as interest rates reach their peak: What should boards do as banks tighten their lending to companies? Strategy may also need to adjust for customers scaling back on purchases because making higher interest rate payments have hurt their cash flow. Should expansion plans be put on hold or scaled back?

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Startups are cheaper to build, but more expensive to grow – here’s why

Andrew Chen

In the past three years prices are down by around a quarter, according to Citigroup, a bank; and further significant falls look all but inevitable. As a result of this pivot towards paid acquisition to scale, we see four trends that go along with rising costs: Startups are raising more money to get to traction. Economist ).

Scaling 111
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Rethinking What’s Next: Lessons Learned from the SVB Collapse 

Kotter Inc.

The root cause of the collapse of Silicon Valley Bank continues to dominate headlines. In just the last two years there has been a worldwide pandemic, disruption in global supply chains, war in Ukraine, systemic labor shortage, runaway inflation, rising interest rates, a looming recession, and now a crisis of confidence in the banking system.

Banking 102
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Speak-Up Culture | Stephen “Shed” Shedletzky

Peter Winick

And so I said yes to my buddy Barry, fully banking on my friend Rich being available. There’s a Starbucks in every block and then it scales back. Stephen Shedletzky And one of the challenges is as a human being and a human species, we aren’t good at scale. So I get off a call with Barry. I call up my friend Rich.

Marketing 306
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How to Conduct a Skills Audit at Your Organization

AIHR

Consider a bank that is adopting a new technology that will replace the role of bank tellers. The bank teller skills will no longer be needed. However, the bank will need employees with technology skills in the future. Employees rate themselves on a scale to assess their level of skills.

Banking 144
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How HR Can Create a Customer-Centric Culture

AIHR

Take a look at the example below: “Peter has just taken out a home loan with his bank. Peter is frustrated and feels the bank does not understand him as a customer.” The decision-making structure is not close to the customer Organizations often lose touch with the customer as they grow and scale.

Banking 117