Posts tagged with: Finance and banking
The Leadership Hubris Epidemic: Biological roots and strategies for prevention. (2017)
"(Portrays) Hubris as a virulent, communicable disease of dysfunctional leadership ... takes a biological perspective to understand the possible underlying mechanisms .... has huge interdisciplinary appeal..." Edited by Peter Garrard, Professor...
Performance-related pay and banking do not mix. (2017)
“Many of the (financial) scandals we are still wading through stem from poor incentives...” Financial Times Inside Business, 13 August 2017 Jonathan Ford, City editor of the Financial Times “In...
Barclays should be praised, not punished, for its whistleblowing system. (2017)
"The narcissistic, megalomaniacal senior executive remains an enduring stereotype for a reason. (But) in Barclays case, the whistleblowing system worked." Dino Bossi, founding partner of whistleblowing firm Addveritas City A.M....
10 major behavioural traits of successful traders. (2016)
“Humility and humbleness don’t fit the common image of ‘Masters of the Universe’. However, they are words I associate with many of the most successful traders I know.” Steven Goldstein,...
Hubris characterises African Bank boss Kirkinis, Myburgh Commission says. (2016)
"Hubris often indicates a loss of contact with reality and an overestimation of one’s own competence, accomplishments or capabilities Maarten Mittnjer, BusinessDay Live, Business / Financial Services, 12 May 2016...
Creative destruction in the Global Financial System. (2016)
“We are just at the beginning, not the end, of the change journey that started with the global financial crisis of 2008.” Claudio Scardovi, managing director and head of Financial...
HBOS shows how bottom-up strategy leads to disaster. (2015)
"Boards and executives should not abdicate from making the important choices." Andrew Hill ft.com/management 23 November 2015 “HBOS, the UK bank that was one of the biggest casualties of the...
HBOS executives should be held to account, if that is still possible. (2015)
“HBOS executives seem to have revelled in a self-perceived role as challengers to the big four, outsiders who dared to do things differently. Herald Scotland, 20 November 2015 Stephen Naysmith...
Fresh HBOS inquiries hold no prospect of speedy judgment. (2015)
“The main consequence of the regulators’ costly and time-consuming inquiry into the £20.5bn collapse of HBOS is, wait for it: yet another costly and time-consuming inquiry. Caroline Binham and Emma...
HBOS’s fall is a tale of extraordinary Hubris. (2015)
"It was in this heady atmosphere that executives made the fateful decisions that led HBOS to expand unsustainably, leaving it hopelessly overstretched when the credit crunch struck. Tim Wallace The...