A calmer view of the crisis
To look past the panic see Taking a Calmer View in strategy+business, which explains how financial institutions that move beyond short-term solutions and focus on restructuring, tightening risk, and working together with regulators might emerge from the crisis with business management strategies for sustainable growth.
Ethics vs. competence
I took the trouble to post a query on one of the Academy of Mgmt discussion lists, asking what colleagues felt we had failed to do to allow professionals to graduate with the basic strategic incompetence [as well as financial] to bring about the current global crisis. Replies so far seem to focus almost entirely on the issue of ethics – not at all on what those people actually learned or didn’t whilst in our tender care. Read more