Fri.May 03, 2024

article thumbnail

Defenseless companies invite activism

Harvard Corporate Governance

Posted by Miles Rogerson, Diligent Market Intelligence, on Friday, May 3, 2024 Editor's Note: Miles Rogerson is a Financial Journalist at Diligent Market Intelligence (DMI). This post is based on his Diligent memorandum. Nearly half of the Russell 3000 companies targeted by activists in 2023 had few defenses against such advances. According to Diligent Market Intelligence’s (DMI) Governance data, of the 103 Russell 3000 companies targeted by primary- and partial-focus activists in 2023, 50 had

article thumbnail

Gen AI talent: Your next flight risk

Mckinsey and Company

Active users of gen AI are high value and in demand—and in many cases, poised to quit. New research reveals how to attract them, keep them engaged, and motivate them to stay put.

144
144
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Weekly Roundup: April 26-May 2, 2024

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, May 3, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 26-May 2, 2024 The CSDDD: How the Phoenix Can Rise from the Ashes Posted by Robert G. Eccles (Saïd Business School), Richard Gardiner, and Andrea Webster, World Benchmarking Alliance, on Friday, April 26, 2024 Tags: Corporate Sustainability Due Diligence Directive , CSDDD , EU , Sustainability That St

100
100
article thumbnail

Why so many bad bosses still rise to the top

Mckinsey and Company

Narcissism. Overconfidence. Low EQ. Why do we persist in selecting for leadership traits that hamper organizational progress—and leave the right potential leaders in the wrong roles?

145
145
article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

Glencore-Anglo American Tie-Up Makes More Sense Than BHP Offer, Analyst Says

Benzinga

Diversified miners Glencore (OTC: GLNCY ) and Anglo American (OTC: NGLOY ) offer a better match than that proposed in BHP Group ‘s (NYSE: BHP ) offer for Anglo, RBC Capital Markets analyst Marina Calero said in a note to clients on Friday. Last week, Australia-headquartered BHP said it had made a $39 billion offer for London-based Anglo, which swiftly rejected the proposal as too low.

article thumbnail

Digital twins: Capturing value from renewable hydrogen megaprojects

Mckinsey and Company

Hydrogen developers could use digital twins to improve the economic viability of renewable projects and meet increasing demand. Here, we illustrate how, using renewable hydrogen as an example.

136
136

More Trending

article thumbnail

Thomas Dohmke on improving engineering experience using generative AI

Mckinsey and Company

Thomas Dohmke, CEO of GitHub, discusses the impact generative AI will have on software development, the evolution of the developer’s role, and the opportunity to accelerate innovation.

121
121
article thumbnail

Paramount Will Let Exclusive Talks With Skydance Lapse, Imperiling Deal

NYT M&A

Negotiations are now likely to focus on another suitor, Sony, which has teamed up with the private equity giant Apollo on a $26 billion bid.

Equity 112
article thumbnail

Why flow matters most in highly complex manufacturing

Mckinsey and Company

To meet escalating demand for the latest advanced products, companies need a better way to handle the interactions and uncertainties of increasingly complex manufacturing.

121
121
article thumbnail

Comment on GSE Exec Boasts Scheme to Slash Appraiser Numbers by Flash

Appraisers Blog

In reply to wildman. Presently I have 3 appraisals on my desk to complete. Kind of busy here. Why are you continuing with a discussion on the lack of a National Appraiser Union which never has or never will exist due to economics of running a business and making a profit? Blaming Reagan for the lack of Appraiser Unions, Really? You are just pointing at other actors or people.

article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

From start-up to centaur: Leadership lessons on scaling

Mckinsey and Company

This playbook for founder CEOs on scaling from start-up to standout and beyond borrows lessons from the global B2B software-as-a-service industry.

Start-ups 138
article thumbnail

Comment on GSE Exec Boasts Scheme to Slash Appraiser Numbers by wildman

Appraisers Blog

In reply to Flash. Flash go back to bed. Unfortunately, we screwed ourselves. Reagan broke the unions. There will be a change in our society when people wake up and realize how much Reagan screwed us over (Iran – Contra) with the unions. He gave Iran the arms. Now look where we are with that. There is no safe return on our money. Placing your savings in a bank, that’s a joke.

article thumbnail

Gen AI in customer care: Early successes and challenges

Mckinsey and Company

The contact center emerged as an early use case for generative AI—with varied success. Organizations can learn from early adopters and think about their adoption strategies across three horizons.

107
107
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Todd Redington

Appraisers Blog

I will be blunt. I have no problem with 95% of this announcement. Note that the reason the term “material deficiencies” is stated so many times is because it has to be included in each of the housing programs. So on the left you have Forward mortgages, reverse mortgages then you have the different sections of each of those programs that have to reference to the changes in other sections and so on and so forth.

article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

Anant Bhalla on the convergence of insurance, asset management

Mckinsey and Company

The former CEO of American Equity Investment Life reflects on his career path, Brookfield’s acquisition of AEL, and his predictions for the insurance industry.

Equity 122
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Mary T Thompson

Appraisers Blog

In reply to George Easton on Twitter. I like that idea! They should not be wasting our time and delaying the entire process by numerous ROV’s that are useless and will not change the value already determined by the only person who has the education and training to do so… The Appraiser.

article thumbnail

What is deep learning?

Mckinsey and Company

Deep learning is a type of machine learning that is more capable, autonomous, and accurate than traditional machine learning.

145
145
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Spencer Paul

Appraisers Blog

In reply to Todd Redington. There is no way they are going to actually do that, especially is someone it throwing around racial bias. They crap their pants too. So far no appraiser has had to pay out of pocket for any of the recent cases (I’m not including the loss of work, time and stress), rather mortgage companies and E&O policies. The LO teams will apply tons of pressure on the AMC and appraisal departments to force the issue on us.

article thumbnail

What is machine learning?

Mckinsey and Company

Machine learning is a form of artificial intelligence that is able to learn without explicit programming by a human.

130
130
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Larry Fuller

Appraisers Blog

The idea of “the initial valuation is lower than expected” is a huge red flag that there is a level of targeting at play. Which we “know” is a USPAP violation. So the implication is if the VALUE is too “low”, then there must be “material deficiencies” present. This is in conflict with the idea that a predetermined “target” is not the basis of our analysis… FROM USPSP Conduct Rule An appraiser: • must not perform an assignment with bias; • mus

article thumbnail

Author Talks: The magic of unmuting yourself

Mckinsey and Company

Do you tend to speak up or play it safe? Author Elaine Lin Hering shares how you can build the confidence to find—and use—the voice you’ve learned to bury.

118
118
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Mary T Thompson

Appraisers Blog

Tail wagging the dog! How many other professions are there where the client or receiver of your services tells YOU what to do. Homeowners, Realtors, Lenders are NOT Appraisers yet they can tell you… your value is low AND you need to review these comps (for FREE) and smile about it or lose your license. When have they ever told you your value is too HIGH?

Comps 72
article thumbnail

What’s the future of AI?

Mckinsey and Company

AI is here to stay. To outcompete in the future, organizations and individuals alike need to get familiar fast. This series of McKinsey Explainers dives deep into the seven technologies that are already shaping the years to come.

article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Spencer Paul

Appraisers Blog

In reply to Rose. But your example is defect appraisal products and we are talking about ROV due specifically to “racial bias”. How is this applicable here? Just an example of the process failing anyways?

article thumbnail

A microscope on small businesses: Spotting opportunities to boost productivity

Mckinsey and Company

MSMEs are vital for growth and jobs, but struggle with productivity. The route to higher productivity lies in creating a win-win economic fabric for all companies.

article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Todd Redington

Appraisers Blog

In reply to Spencer Paul. I am actually speaking from first hand experience. As a Sr Residential Collateral Risk Analyst for HSB we would review any ROV request that came through before passing it on to the appraiser. I was able to address the concern(s) or ROV comps much of the time and the ROV would be rejected as unsubstantiated. The appraiser would never see it.

Comps 72
article thumbnail

Creating a European AI unicorn: Interview with Arthur Mensch, CEO of Mistral AI

Mckinsey and Company

Arthur Mensch, CEO and cofounder of Paris-based Mistral AI, discusses his company’s large language models, its open-source strategy, and how AI will change the workplace.

103
103
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Rose

Appraisers Blog

In reply to KK. To many in the appraisal industry, Tidewater reevaluation process may seem tedious. However, it doesn’t go far enough to address damage when true fraud is discovered, and a harmed buyer is left holding an empty equity bag. Appraisers must be required to inform Lenders to obtain HUD Verifications when evidence is present that all is not as it was originally presented to be.

article thumbnail

Stand and deliver: Three imperatives for civil servants

Mckinsey and Company

Today’s governments face increasing obstacles to achieving their primary mission: serving the public. Refreshed management approaches and new technologies can help.

article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Mary Cummins

Appraisers Blog

Great article, Dave. I was thinking the same things when I saw that letter. I also don’t have a problem with a fair and legitimate ROV. My issue is that some people will do ROVs for the hell of it. Their thinking is “why not, can’t hurt, it’s my right…” One important oversight here. They must include a fee for appraisers to do ROVs.

Comps 71
article thumbnail

Trade’s trajectory: A conversation with Yuvraj Narayan

Mckinsey and Company

DP World’s Yuvraj Narayan discusses the challenges and opportunities that port operators are seeing and how the nature of trade could evolve over time.

74
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Dave F. Towne

Appraisers Blog

In reply to Spencer Paul. No. That’s Mary’s point. Appraisers are expected to review and analyze up to FIVE more properties for FREE, just so someone else’s value opinion can be hopefully supported.

article thumbnail

Faster, smarter, bolder: How midtenure CFOs shift into a higher gear

Mckinsey and Company

Former finance leaders offer advice on how CFOs can go from good to great in the middle years of their tenure.

Finance 99
article thumbnail

Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Chuck

Appraisers Blog

OK, it sounds like lenders want a completely unbiased and accurate appraisal. Granted I am a newbie (4 years on), but my question is this; why do we not receive the contract with no price ? Terms etc. would be fine, but why include the price ? My guess is that lenders would not like that. why not you may ask ? Every piece of information will have your brain collating and comparing with possibly some influence, acknowledged or not.

Comps 70