From 600+ conversations with the world’s leading thinkers.
A corporate bond is ultimate a long-term loan structured in the form of a bond. Corporate entities are not default-remote and are not guaranteed to pay-back their debts.
there are no good musicians who do not have a good ear, no artists without a great imagination, no writers without an excellent command of the language. The same goes for our trade. It is not enough to know how to use a calculator or build sound financial models. You need to have vision. You should look at a business process as if it were a living thing; you need to sense its music.
In order to fix bias you have to admit to them, you have to admit they exist and bring them out of the shadows. Then you can call them out. We have to stop pretending that there's no adversity, or that we can't do anything about the adversity we face.
This pattern of thinking, unfortunately, has bred a considerable amount of mediocrity within businesses. It's time to reassess these beliefs to fully leverage human potential, transforming not only our businesses but also the lives of those who contribute to their success.
The sleep revolution is finally hitting the workplace. The business world is waking up to the high cost of sleep deprivation on productivity, health care, and ultimately the bottom line. I expect the nap room to soon become as universal as the conference room.
I feel it is the duty for every human and company to do something to either make their community, their city, their state, their country or the world a better place to live.
These individuals are looking for a global liquid multi-asset portfolio that is highly correlated around risk management strategies. They don't want you taking risk! they're going to do that.. and they can do it better than you can because they're now worth hundreds of millions or billions!
If you go into a business and see an organisational handbook... you're in trouble. When people spend too much time drawing up organisational rules and charts, they're spending less time with customers. Hierarchical structures are the death of flexibility, they are the death of agility and remove the distributed leadership needed to make business work.
When it comes to acquisitions, many people jump straight to analyzing the financial returns. I approach it differently. I start by asking: How will our customers benefit from this acquisition?
It's very clear that the sole purpose of business is not just to make money for shareholders, but actually to look after their employees, their communities and their society. Businesses play a role in society, and they have a voice which they have to use. Silence is not an option.
We believe innovation should be a continuous activity. It should be a capability that you are developing and attending to regularly. It requires a kind of fodder of new problems all the time in order to be refining and developing.
Typically, when you ask a business person about their progress, their immediate response tends to revolve around growth figures – 'We're 20% up from last year' – under the assumption that growth equates to robustness and sustainability. However, empirical evidence doesn't support this assumption.