HSM

INSPIRING IDEAS

August 2009

“Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy”

Edmund Burke

Greetings!

Finance and economy is the focus of this month’s Inspiring Ideas – and as you might expect the ongoing impact of the financial crisis features heavily. But the content we have put together for you is distinctly positive in outlook. With one eye firmly on the future, our impressive lineup of featured experts discusses practical steps to getting global economies back on track. Paul Krugman, Joseph Stiglitz, Jeffrey Sachs and more are all waiting for you in this month’s Inspiring Ideas.

We always appreciate hearing your feedback on the topics we feature each month so please let us know what you think by answering our short newsletter satisfaction survey..

Chris Stanley, Editor HSM Inspiring Ideas

Tips from the Top

Nobel Laureate Paul Krugman has become one of today’s most influential voices on the financial crisis and the action that needs to be taken to combat it. Here he highlights three conventional prejudices that politicians and economics officials need to transcend in order to pull out of the downward spiral.
[Read +]

Million Dollar Tales Banco Santander

When in 1857 Queen Isabel II of Spain signed the royal decree that brought into being a small regional bank in North Eastern Spain, it must have been hard to imagine that 150 years later this same bank would have become one of the world’s most important financial institutions. Read on to see how Banco Santander has succeeded where so many others have failed. [Read +]

After Office

Are you ready for more global turmoil? So asks best selling author and Wharton professor Paul Schoemaker. As we enter a period of increased upheaval and global turmoil, only a prepared mind which knows how to adapt can do well. Here Schoemaker offers some insights into how to start getting prepared. [Read +]

QUICK LINKS
Paul Krugman on overcoming conventional economic prejudices
Joseph Stiglitz on reforming international financial institutions
Jeffrey Sachs on lessons for the future
Paul Schoemaker on preparing for upheaval
A banking success story – Banco Santander
MULTIMEDIA TOOLBOX
VIDEO One of the economic world’s most outspoken voices in recent times, Nobel Prize winning economist Joseph Stiglitz here discusses why coordinated global stimulus is currently needed as part of the solution to the current crisis and the reforms needed in the IMF and World Bank to make it happen. [watch video]
VIDEO Financial crises don’t have to be accepted as inevitable. So says renowned economist Jeffrey Sachs. Instead he highlights some of the measures which we can take to move forward and prevent the sort of situation we are currently experiencing from occurring again. [watch video]
HSM NEWS
Economics for a Crowded Planet

Professor Jeffrey Sachs is widely considered to be the leading international economic advisor of his generation. Join him in this exclusive Live HSM Webinar on how to build a better future for people in both developed and underdeveloped parts of the world. Find out more here.

Inspire Your People with Smile & Move

A simple (and fun) message to inspire and reinforce a service-oriented culture with your team. Smile & Move gives you the tools to create better work, better relationships, and better results.

Watch the 3-minute video and see what the buzz is about.

Lovemarks: Creating Loyalty Beyond Recession

Join Kevin Roberts, CEO Worldwide of Saatchi & Saatchi – one of the world’s leading creative organizations - as he describes the secrets to successful marketing in a down economy. Find out more here.

Upcoming HSM Webinars

Jeffrey Sachs: Economics for a Crowded Planet
Thursday September 3, 2009
More Information and Detailed Description

Lovemarks: Creating Loyalty Beyond Recession featuring Kevin Roberts
Friday September 18, 2009
More Information and Detailed Description


RECOMMENDED READING
The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy

By: George Cooper



“ A must-read on the origins of the crisis "

The Economist

UPCOMING EVENTS

World Business Forum
USA | New York City
October 6-7, 2009

Gary Hamel: Fit for the Future: Building an Exceptional Company for Exceptional Times
USA | New York City
October 8, 2009

Jack Welch: Two Days on Management
USA | Palm Beach, Florida
November 12-13, 2009