financial crisis

Visualization: What's a Billion, Here and There?

Cliff Kuang — Fri, 14 Aug 2009 10:37:40 -0400

David McCandless, an information designer based in London, was flummoxed by all the talk being bandied about, over government programs running into the billions. So he created a chart of the entire mess. As he writes over at Information is Beautiful:

Design Like a Surfer..and How Hyundai Caught the Wave

Ravi Sawhney — Fri, 22 May 2009 01:56:00 -0400

Over the past decade, driven by an ever-more sophisticated consumer, design has gone from being a bonus to being an essential ingredient in almost every market sector.

Creating a Post-Crisis Economy: Moving Beyond Consumption

Tim Brown — Fri, 24 Apr 2009 16:04:19 -0400

For the next few days I plan to explore what I am calling the Age of Involvement: the role of participation in an information society and how it leads to an expanded view of our economy. I am not an economist and have never studied economics. I am approaching this as someone who believes that innovation is redefining everything around us, including the ways that we measure human achievement. For those who do understand economics I apologize for the inevitable naiveties represented here but I hope there is enough of interest to stimulate a conversation.

Senator Wants Microsoft Job Cuts to Target Foreigners

Kit Eaton — Mon, 26 Jan 2009 05:40:07 -0500

Microsoft's cost-cutting move of slashing 5,000 jobs has attracted the attention of Republican senator Charles Grassley from Iowa. He wrote to CEO Steve Ballmer about the job losses, specifically concerned that, "Microsoft will be retaining foreign guest workers rather than similarly qualified American employees when it implements its layoff plan."

Where is the Managing in Risk Management?

Fred Collopy — Wed, 07 Jan 2009 16:06:06 -0500

Cisco's CEO John Chambers On How to Weather the Downturn

Fast Company Staff — Tue, 25 Nov 2008 05:00:13 -0500

• "Focus on what we can influence, and not over- or underreact to things we cannot. It's a question of living in the world as it is, not the way we want it to be."

• Assess the damage externally -- vendors, customers, colleagues. "In 2001, we went to our customers in energy, manufacturing, and automotive, to name a few. We asked, 'How are you handling this?' "

The Poverty Problem: Field Notes From a Global Summit in Rimini, Italy

Charles Fishman — Tue, 28 Oct 2008 14:36:18 -0400

I wasn’t quite sure what I was doing in Rimini, Italy, although I’d come a quarter the way around the globe to get there; my puzzlement aside, it’s a lovely spot to spend the weekend.

Rimini is the kind of small, surprising Italian city that most Americans never hear of, but that feels instantly comfortable. It’s a resort town on Italy’s east coast, with a wide flat beach running for miles, the gray Adriatic Sea on one side, and dozens of hotels, bars and restaurants on the other. It’s like a lot of east coast beach towns in the U.S., with signs in Italian.

Could Service Innovation Help Lead America Out of the Financial Crisis?

Sean Ludwig — Fri, 10 Oct 2008 18:11:18 -0400

Let’s face it: in these violently turbulent times, we all want to know what’s next. Kaihan Krippendorff, who currently consults for Microsoft, Johnson & Johnson, and Wal-Mart, says service innovation will be an important factor in turning around burned businesses.

A Stunning Leadership Vacuum

Ruth Sherman — Mon, 22 Sep 2008 08:01:22 -0400

Since my topic is leadership, it is timely to comment on the goings on in the world of high finance. In addition, my base of operations is none other than Greenwich, CT, an epicenter of the disaster. Greenwich, as many know, is often described as the leafy suburb of New York City that is home to many titans of industry including several in the news this week, such as Richard Fuld, CEO of now bankrupt Lehman Brothers, as well as legions of investment bankers and corporate lawyers who count as my neighbors.

Will Corporate Social Responsibility Survive the Financial Market Implosion?

Karma Martell — Fri, 19 Sep 2008 21:26:18 -0400

Financial Times columnist Adam Jones asks if CSR will wither and die in light of the current crisis on Wall Street. Read his blog column here.

It's the perfect "legit" excuse to take a pencil through CSR initiatives in the budget and label them as 'unnecessary spending" in this time of uncertaintly and belt-tightening.

Worst Trading Day Since 9/11, Tech Stocks Take Cover

Chris Dannen — Mon, 15 Sep 2008 18:21:46 -0400

The foundering of several bedrock financial companies helped create a perfect storm today, spurring to one of the worst trading days in nearly a decade. The tech sector didn't escape the catastrophe, but fared more buoyantly than almost all others, closing the day with some big news of its own.