Topic: Businessweek Magazine
FERTILE GROUND FOR STARTUPS Who needs job security? In June 2008, as the recession was moving from bad to worse, Caterina Fake gave up a comfortable, executive-level job at Yahoo! "The markets that we are addressing in India and China are vast ...
Things have been going so poorly for so long that any of us could be forgiven for thinking recession is the new normal. The economy has been in decline for 22 months, and as we head into 2010 many pundits assume things ...
I've just spent the past several years studying the dynamics of resilience as it relates to business -- why some people and organizations emerge from adversity even stronger -- while others simply crumble under the pressure. In my last column, I touched ...
On the surface, Dubai doesn't seem as hard hit by the global recession as one might think. At 11 o'clock on a recent evening, the emirate's gigantic airport was crowded with travelers facing 15-minute waits at passport controls. Restaurants and nightclubs are ...
THE G-20 AGENDA As befits a scary financial crisis, the leaders of 20 of the world's biggest economies have spent lots of time together lately--the Pittsburgh summit scheduled for Sept. 24-25 is their third meeting in less than a year. But despite ...
PAUL LAUDICINA OF A.T. KEARNEY: To get a sense of the changes afoot, I talked with Paul Laudicina, chairman of the worldwide consulting firm A.T. Kearney and an expert in business strategy.MARIA BARTIROMOWhat kinds of changes--for both countries and companies--do you see ...
THE CURIOUS PARADOX OF `OPTIMISM BIAS' Ever since the financial meltdown, and throughout this recession, people keep asking me if I'm optimistic about our future. They also have a more accurate take on reality--perceptions more in line with what actuaries figure to ...
In looking at the meltdown of the global economy, it's clear that poorly planned and executed risk management was a major contributor. And while the spotlight has focused largely on the risk failures of big financial organizations, large corporations in every industry ...
Could it be true? Is the end of the worst U.S. recession since the 1930s finally at hand? Recent data, including the July 31 report on second-quarter real gross domestic product, make a strong case that the economy hit bottom last quarter ...
HOW OVERCONFIDENCE HELPED SINK THE STREET Was Bear Stearns' Jimmy Cayne the modern incarnation of Icarus? Like the Greek mythological character, Cayne and other erstwhile masters of the universe--Lehman Brothers' Richard Fuld and AIG's Joseph Cassano spring to mind--seem to share a ...
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