General management and CSR
Strategic thinking
How to Live with Risks
Following a crisis, regulators and managers naturally take steps to prevent a recurrence. In 2002, after Enron and WorldCom succumbed to massive accounting fraud, U.S. legislators passed the Sarbanes-Oxley Act, which gave directors and executives new oversight responsibilities. In the wake of the 2008 financial crisis many large banks changed their business models, and other companies implemented systems to better manage credit risks or eliminate overreliance on mathematical models.
But there’s a problem with managing risk retrospectively: It’s a variation on…
Click here to read the rest of the story…
Management and leadership
I’ve been the boss for more than 4 decades, starting with my own law firm. Today I run a commercial real estate company with more than 75 employees in 4 states. I’m still discovering new and effective tools for management every day. In fact, I believe that, no matter how good you are at your job, there is always room for improvement.
Below are 5 principles I’ve found invaluable to improve my leadership and to help me become a better boss
1 Empower your employees. No one likes to fail, and no one…
Click here to read the rest of the story…