Bob MacDonald on Business

Sage Advice on Insurance and Financial Services from the Perennial Maverick

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Entries Tagged as 'Business Management'

Hartford Being Hartford – Backstabs Customers and Agents

September 6th, 2010 · No Comments · Blog, Business Ethics, Business Management, Financial Services

Hartford Management Shows They Lack  Good Sense as Much as They do Talent
In her book The March of Folly (Knopf, 1984) historian Barbara Tuchman wrote, “A phenomenon noticeable throughout history regardless of place or period is the pursuit by governments of policies contrary to their own interests.” Tuchman might well have said the same thing [...]

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Live in the Past and be Lost in the Future

August 16th, 2010 · No Comments · Blog, Business Ethics, Business Management

How Bureaucracy Sabotages Corporate Success and What You Can do to Avoid It
The most deleterious inhibitor of consistent achievement by an organization is an entrenched bureaucratic culture. Like a creeping malaise that builds and strengthens over time, bureaucratic management, with its insincere, insecure, incompetent and incoherent actions, creates an unhealthy and unhappy work environment that [...]

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AIG Board Fails to Meet Its Duty in Power Struggle

August 2nd, 2010 · No Comments · Blog, Business Ethics, Business Management

By Declining to Back its Chairman, Board Takes a Step Back to the Dark Days of Pre-Sarbanes Oxley
Last month,  Harvey Golub resigned his position as chairman of the board of the besmirched insurance giant AIG. His action brought an end to an ongoing dispute with Chief Executive Robert Benmosche. The crux of the clash between [...]

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