How We Led Ourselves Into the Financial Crisis

Gresham College





MORE >>

Post to

Likes

Dislikes

RATE

1,451 Views

Info
Bio
Chapters
Highlights
Transcript
Download
More

Partner:: Gresham College
Location:: Barnard's Inn Hall
London
Event Date:: 01.26.10
Speaker:: Douglas Board
Tags:

Summary: The confessions of a regulatory headhunter...

Did the boom in the "leadership market" (books, courses and organizational practice) help cause the global financial crisis? Is a simplistic focus on remuneration/incentives - with some attention displaced onto "governance" and "regulation" (second- and third- order attempts to correct dysfunctional leadership) - concealing something from us? This lecture suggests that the gulf between contemporary human studies and economics is still too wide: common attitudes towards leadership are already contributing to the next crisis.

Bio

Douglas Board

After working for 18 years as a consultant, director and then deputy chairman of an international executive search firm (Saxton Bampfylde) advising boards across the private, public, voluntary and academic sectors, Douglas Board became chair of a national charity (the Refugee Council) and founded a specialist career advice boutique (Maslow's Attic Ltd). After receiving degrees from the University of Cambridge and Harvard University he worked in the field of health spending and banking regulation at the H M Treasury. Board is due to complete a doctorate in management in 2010 and is an Honorary Visiting Scholar for the Centre for Performance at Work.

Chapters

01.: How We Led Ourselves Into the Financial Crisis

42 min 09 sec

Add to Profile

There are no highlights for this program

Watch Full Program

42 min 09 sec

Add to Profile

There is no transcript for this program

Save this program for later

To download this program become a member. JOIN NOW >>

Video (mp4)
307 MB 1.2 hr

Select your connection speed to see approximate download times:

To download this program
become a member.

NO ADS + DOWNLOADS + HQ VIEWING

Encyclopædia Britannica Article

recession: Downward trend in the business cycle characterized by a decline in production and employment, which in turn lowers household income and spending. Even though not all households and businesses experience actual declines in income, they become less certain about the future and consequently delay making large purchases or investments. Consumers buy fewer durable household goods, and businesses are less likely to purchase machinery and equipment and more likely to use up existing inventory instead of adding goods to their stock. This drop in demand leads to a corresponding fall in output and thus worsens the economic situation. Whether a recession develops into a severe and prolonged depression depends on a number of circumstances. Among them are the extent and quality of credit extended during the previous period of prosperity, the amount of speculation permitted, the ability of government monetary and fiscal policies to reverse (or minimize) the downward trend, and the amount of excess productive capacity. Compare depression.; recession on britannica.com