giovedì 24 novembre 2011

FOCUS: The New Challenge of Leading Financial Firms


Harvard Business School Working Knowledge Newsletter






"The business today
is much more complex
than ten or twenty years ago"


Running a financial organization, never easy to begin with, has quickly become one of the most difficult leadership challenges that an executive can undertake, requiring mastery of talent management, change management, and ethics. An interview with Professor Boris Groysberg, who teaches a new HBS Executive Education program on the subject with Professor Paul M. Healy. Key concepts include:
  • Leading a financial firm is very different from leading any other kind of institution, requiring deep skills in a multitude of areas.
  • Financial firms make expensive bets on top talent, but often make hiring decisions without enough deliberation.
  • Risk management, strategy for growth, and competing in emerging markets are especially critical for financial firms to get right. 

 

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