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Achieving market consistency can be challenging, even for the most established finance practitioners. In Market Consistency: Model Calibration in Imperfect Markets, leading expert Malcolm Kemp shows readers how they can best incorporate market consistency across all disciplines. Building on the author's experience as a practitioner, writer and speaker on the topic, the book explores how risk management and related disciplines might develop as fair valuation principles become more entrenched in finance and regulatory practice. This is the only text that clearly illustrates how to calibrate risk, pricing and portfolio construction models to a market consistent level, carefully explaining in a logical sequence when and how market consistency should be used, what it means for different financial disciplines and how it can be achieved for both liquid and illiquid positions. It explains why market consistency is intrinsically difficult to achieve with certainty in some types of activities, including computation of hedging parameters, and provides solutions to even the most complex problems. The book also shows how to best mark-to-market illiquid assets and liabilities and to incorporate these valuations into solvency and other types of financial analysis; it indicates how to define and identify risk-free interest rates, even when the creditworthiness of governments is no longer undoubted; and it explores when practitioners should focus most on market consistency and when their clients or employers might have less desire for such an emphasis. Finally, the book analyses the intrinsic role of regulation and risk management within different parts of the financial services industry, identifying how and why market consistency is key to these topics, and highlights why ideal regulatory solvency approaches for long term investors like insurers and pension funds may not be the same as for other financial market participants such as banks and asset managers.

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Kochen ist eine erprobte und erfolgreiche Methode in vielen Trainings- und Beratungsprozessen der personlichen und beruflichen Weiterbildung. Da durch Kochen & Essen im Trainings- und Beratungskontext gelernte oder vorbereitete Verhaltensweisen umgangen werden, lassen sich damit besonders authentische Ergebnisse auf dem Gebiet der personlichen Weiterentwicklung erzielen. Dieses Buch bietet eine neuartige Speisekarte fur TrainerInnen, BeraterInnen und Verantwortliche aus dem Sozial- und Personalbereich, aber auch Teilnehmer an Seminaren oder Seminarhotels konnen erheblichen Nutzen daraus ziehen. Die AutorInnen zeigen, wie sich die Methode des «Kochens» in Seminaren, Workshops, Beratungs- und Supervisionseinheiten thematisch vielfaltig einsetzen lasst und wie sich daraus neue und spannende Lernmoglichkeiten und -situationen mit kulinarischen Highlights ergeben. Im Vordergrund steht die ausfuhrliche Beschreibung von Umsetzungsmoglichkeiten mit praxisnahen Ubungen, Rezepten und Hintergrundinformationen fur unterschiedliche Trainingsinhalte. LeserInnen konnen daraus Elemente fur ihre eigenen Trainings und Beratungsprozesse einsetzen oder entwickeln, von Kurzubungen zum Kennenlernen oder Auflockern, uber gro?ere Einheiten mit komplexerer Aufgabenstellung bis hin zum anspruchsvollen Komplettseminar. Guten Appetit!

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A richly insightful account of one of the most significant transformations in the world today. Dheeraj Sinha's intelligence vividly illuminates the intersection of culture and commerce in New India. Adam Morgan Founder eatbigfish Among the many books I have read on the cultural evolution taking place in India, this is perhaps the most insightful. It does not just map mindset changes; it does so with the certainty of a person who has lived the changes as much as he has witnessed them. Every marketeer should keep this book on his office desk as a ready reckoner. Ranjan Kapur Country Manager – India WPP India in many ways is a «Nation of Nations.» So much heterogeneity and hence complexity in understanding consumers and consumerism. Dheeraj has done a commendable job in peeling off the layers from the onion—creating frameworks and providing very relatable examples to understand the culture. For instance, Dheeraj has used Bollywood as an effective mirror to portray societal changes. Consumer India is a must-read for those who want to understand the cultural evolution of India with its nuances. Rajesh Jejurikar Chief Executive – Automotive Division Mahindra & Mahindra Ltd. A labor of love. For years, I have marveled at how Dheeraj's inquisitive brain continuously churns away to make meaning of everything he observes. His writing simultaneously reflects him as a «sutradaar» telling the captivating story of a changing India, even as it does so with the unbiased and expert credentials of the «computerji» he describes here. Dheeraj insightfully marries the rapid changes he chronicles with the assimilative fabric of India; where «and» trumps «or.» Against the cliché «change is the only constant,» he underlines that in India, change works with the constant. Enjoy the ride on Dheeraj's time machine! Prasad Narasimhan Managing Partner, Asia Brandgym

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Capable Company provides the “Rosetta Stone” executives have been seeking: a systematic way to translate strategy into action. Gives executives a systematic way to translate strategy into action. Helps companies to develop the capabilities that make strategy work. Assembles best-practice strategy execution methods from some of the world’s most highly-respected companies into a simple step-by-step process. Enables leaders at all levels to rapidly focus and align their actions, even as business conditions change. Packed with models, key points, practical examples, case studies, self-assessment techniques and templates.

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From The Center on Creative Leadership, comes an important that book helps to deepen the understanding of the subtle yet powerful gaps that separate successful managers from extraordinary leaders. Filled with tools, frameworks and processes that guide aspiring leaders (and those who mentor and support them) to begin filling those gaps. Topics covered include authenticity, credibility, emotional competence, social intelligence, developmental relationships, growth through connection, ability to learn, life stage development, and strengths overdone/fatal flaws. Offers wisdom from leadership experts including Jay Conger, David Dotlich, Peter Cairo, Lisa Lahey, and more.

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The Effective Public Manager Thoroughly revised and updated, the fifth edition of The Effective Public Manager offers public administrators and students a classic resource and a highly-accessible guide to the fundamentals of leading and managing public organizations. In this new edition the authors cover the key areas of the field and present in-depth analysis through the strategic use of fresh case studies and real-world examples. The book is designed to give real-world managers and aspiring managers the information and tools needed to meet the demands of their jobs directly rather than working around the constraints of government. The Effective Public Manager offers a proven approach to implementing efficient management tools in a dynamic political, organizational, economic, and technological context. New to this edition Information on the transformation of media, both traditional and social An analysis of the changing nature of work and privatization trends An examination of national security and the current thinking regarding accountability, transparency, and crisis communication An online instructor's guide, which includes discussion questions and updated PowerPoint slides

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"If you want to know how countries, companies and individuals can master the winds and the waves that will dominate the next decade, this is the book for you." —Rupert Pennant-Rea, former editor of the Economist, Deputy Governor of the Bank of England «'If leading your organisation sometimes feels like changing the front wheel of a bicycle whilst toy are still pedalling it as fast as you can, this is a book you should read.» —Sir David Brown, former Chairman, Motorola UK «Beyond Crisis is full of compelling reasons, clear advice and practical models to help almost any enterprise remain viable beyond the deeply unsettling systemic failures that characterise today's business environment.» —Professor Richard David Hames, Dhurakilpundit University, Founding Director Asian Foresight Institute «We are in uncharted territory. There are few people who any longer think that the world post-crisis will be anything like the world before. Ringland, Sparrow & Lusting provide a clear description of the way that leaders need to think in this new reality. In doing so, they give us hope.» —Estelle Clark, Business Assurance Director, Lloyds Register The next decade will present organisational challenges on an unprecedented scale. Beyond Crisis shows how you can build a 'purposefully self-renewing organisation' which will survive and succeed in the midst of this chaos. The book shows how financial and economic crisis has blighted organisations in every sector, and then provide a range of tools and future scenarios for diagnosing problems and creating solutions. This is a welcome dose of clarity in uncertain times.

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"Time management is essential for successful negotiations. This book helps you do first things first." —Jeanne Brett, DeWitt W. Buchanan,Jr. Professor of Dispute Resolution and Organizations, Kellogg School of Management, and Director of the Dispute Resolution Research Center «This book brings a breakthrough method to lead efficient negotiations.» —Yann Duzert, Professor, Foundation Getulio Vargas, Brazil «Even if you only implement 5% of this method, your clients will find you more attentive to their needs.» —John Wong, Senior Partner, The Boston Consulting Group, Hong Kong Office «A one-of-a-kind and most welcome companion for negotiators. It offers a learner-friendly distillation of tested ideas and good practices.» —Pierre Debaty, Head of the Brussels Training Office, European Parliament «Drawing on their extensive experience in over 50 countries, the authors provide the best of Anglo-Saxon and continental Europe negotiation approaches.» —AJR Groom, University of Kent at Canterbury «Whether you negotiate abroad or in your home country, this book is a must.» —Tetsushi Okumura, Professor, Nagoya City University, Graduate School of Economics «Many former enemies started thinking and acting differently after having integrated the principles of this book.» —Howard Wolpe, Special Advisor to the Africa Great Lakes region, former Member of US Congress «This negotiation method makes a difference for business and government leaders, who want to act more responsibly.» —Theo Panayotou, Professor, Cyprus International Institute for Management & Harvard Kennedy School of Government

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Praise for the chief HR Officer «The strategic portfolio of issues addressed and the sage wisdom and perspectives shared make this book a powerful transformation tool.» —Jodee Kozlak, executive vice president, Human Resources, Target Corporation «An up-to-the-minute guide as to what is happening to the field of human resources through the eyes of those in charge of it.» —Peter Cappelli, George W. Taylor Professor of Management and director, Center for Human Resources, Wharton School «This is a definitive guide for human resources leaders who are at the frontlines of competitiveness for their organizations.» —David A. Rodriguez, executive vice president and chief human resources officer, Marriott International «This book is a must-read for all HR professionals to understand the evolution of how far we've come as a function and how much more we have to contribute to the success of the enterprise.» —William J. Conaty, former senior vice president, Human Resources, General Electric Corporation «This book is a treasure-trove of insights that will elevate the practice of human resource management to a whole new level in the twenty-first century.» —Lee D. Dyer, professor and chair, Department of Human Resource Studies, Cornell University «As a CEO who understands how important managing human capital is to delivering business results, The Chief HR Officer is an invaluable resource.» —Russ Fradin, CEO, Hewitt Associations «This is a must-read for state-of-the-art in human resource management.» —Scott A. Snell, E. Thayer Bigelow Professor of Business Administration, Darden Graduate School of Business, University of Virginia «This accessible, practical guide for HR professionals clearly describes the critical values, behaviors and skills needed to fulfill the multiple roles of an HR leader- trusted business partner, talent architect and expert functional leader.»—Sally Bott, group human resource director, BP

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This new edition of the popular The Strategy Pathfinder updates the micro-cases of real-life problems faced by companies and executives. These micro-cases help readers to engage with the kinds of situations they will encounter in their working lives while provoking discussions about key theoretical themes. Original presentation and design makes this an essential companion for both the business-school classroom and the executive briefcase. The Strategy Pathfinder brings experienced and potential executives alike an instant guide to the concepts and techniques they need to know. An innovative introduction to strategy. Makes readers active “producers” of strategy, rather than passive recipients of received wisdom. Presents essential pathways through the strategy jungle. Each case provokes discussion about a key theoretical theme. Encourages readers to form a view themselves, and then test it against the views of others, before offering recommendations about how best to proceed. Cases are drawn from Africa, the Americas, Asia, Europe and Oceania. Supported by online lecturer supplements.

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