Supplement to our doom and gloom diet, CBI/PwC released financial services survey. The highlight from my perspective is on page 8 about the depressing mood of securities traders in relation to their business. Particularly a negative balance statistic of -92%.
Click here to get the survey publication.
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CBI/PwC Financial Services Survey
Published December 24, 2008 Banking , Business Risk , Business Strategy , Corporate Governance , Financial Services , Global Markets Leave a CommentSuccessful Strategy Execution – Harvard Business Review
Published August 28, 2008 Business Risk , Business Strategy , Corporate Governance , Financial Services , Risk , Strategy Leave a CommentExcellent article in Harvard Business Review on secrets behind successful strategy execution. It is illustrated through a case study, whereby restructuring yeilds immediate results but the problems (or their symptoms) crept back in – until they decided to identify and address the root cause.
Focus should not be restructuring but rather identifying what and where it goes wrong – then appropriate change implementation and management as required.
See this link for the Executive Summary (I strongly recommend to subscribe to HBR for full article)
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