July 2012

Federal Reserve Board announces risk management standards for “systemically important” financial firms

On Monday, July 30, the Federal Reserve Board announced that it had established finalized standards for risk management at financial market utilities (FMUs) that are designated as "systemically important" by the Financial Stability Oversight Council. FMUs are institutions that provide infrastructure to clear and settle...
ExecutionistFederal Reserve Board announces risk management standards for “systemically important” financial firms

Financial professionals should remember this basic rule of business

In the past few years, we've watched as major U.S. financial institutions went bankrupt, a global recession set in and a string of sovereign debt crises wracked Europe. Development has even slowed in China and India. Even the U.S. Postal Service is struggling. This turmoil should serve as a reminder to financial...
ExecutionistFinancial professionals should remember this basic rule of business

Executives should look at the big picture when evaluating potential partnerships

Business leaders should draw an important lesson from the recent break up of the partnership behind MSNBC. Microsoft and NBC terminated their cooperation after Comcast - the company that owns NBC - bought out Microsoft's share in their joint venture. NBC and Microsoft first teamed up in 1996 and, for a time, the...
ExecutionistExecutives should look at the big picture when evaluating potential partnerships

Internal audit consultants can help businesses maintain integrity

The latest scandal afflicting the banking sector offers an important lesson for all businesses in terms of the importance of conducting regular internal audits and keeping a sharp eye out for any instances of indiscretion by its financial professionals. The current controversy is centered around manipulation of the London...
ExecutionistInternal audit consultants can help businesses maintain integrity

Financial professionals should prepare for effects of U.S. presidential election

The United States' quadrennial presidential campaign often creates economic uncertainty in the country and election results can have a significant impact on markets, as they influence the laws that will be passed and the regulations that will be enacted. National elections can cause variations in the value of a company's...
ExecutionistFinancial professionals should prepare for effects of U.S. presidential election

Why top MBA programs are changing

Recently, we've reported on the changes taking place at some of the country's top business schools. Today, we'll take a closer look at what's driving these ongoing updates and where American business education is heading in the near future. The main shift involves measures centered on encouraging MBA recipients to develop...
ExecutionistWhy top MBA programs are changing

Core values drive corporate success

In a recent article for Inc. Magazine, entrepreneur Curt Richardson drew on his experience as a business leader to show how staying true to core values provides a source of strength that empowers a company to thrive over time. When Richardson first started making waterproof cases in the early '90s, it was little more than...
ExecutionistCore values drive corporate success

Studies show firms plan to hire more MBAs

Two new studies conducted by the Graduate Management Admission Council (GMAC) show that 2012 is shaping up to be a good year for business school graduates. GMAC reported that 62 percent of newly graduated individuals with MBAs or other business degrees already have job offers, up from 54 percent a year ago. The average...
ExecutionistStudies show firms plan to hire more MBAs