Business Commons^™

Lessons Learned: Subba Rao Duvvuri, Salil Gupta

Journal of Financial Crises

Subba Rao Duvvuri served as governor of the Reserve Bank of India (RBI) for five years (2008–13). Before that, he was finance secretary to the government of India (2007–08), and secretary to the prime minister’s Economic Advisory Council (2005–07). With a career spanning 35 years in the Indian Administrative Services, Duvvuri has held various positions at the state level in the government of Andhra Pradesh, and at the central government of India. Duvvuri was previously lead economist at the World Bank (1999–2004) and, after 2013, served as a visiting fellow at the National University of Singapore and the University of …

Lessons Learned: Calvin Mitchell Iii, Mercedes Cardona

Journal of Financial Crises

Calvin Mitchell III served as executive vice president of the communications group within the executive office of the Federal Reserve Bank of New York (FRBNY) during the Global Financial Crisis. In 2008, Mitchell was tapped by Timothy Geithner, who was then FRBNY president, to head a new group charged with expanding the communications and community affairs functions. Mitchell left the FRBNY in 2009 for the private sector and returned to government in 2021 as assistant secretary for public affairs in the US Treasury Department.

International Monetary Fund: Special Drawing Rights Allocations, 2009, Ikbal S. Ahluwalia, Owen Heaphy, Rosalind Z. Wiggins

Journal of Financial Crises

Despite efforts by the world’s major economies to address stresses in the global financial system, by early 2009, the Global Financial Crisis caused developing and lower-income countries to experience shortages of the major reserve currencies. In August 2009, the International Monetary Fund (IMF) distributed a general allocation of Special Drawing Rights (SDR) of unprecedented size—totaling USD 250 billion (SDR 161.3 billion)—to all member countries in an effort to address these issues and provide liquidity to the world’s economies. In September 2009, it also distributed a special “catch-up” allocation of USD 33 billion in SDRs (SDR 21.5 billion) to eligible members …

Lessons Learned: Jason Cave, Vincient Arnold, Greg Feldberg

Journal of Financial Crises

Jason Cave was the senior adviser to the chairman of the Federal Deposit Insurance Corporation (FDIC) from 2008 to 2011 and the deputy director of the Division of Complex Financial Institutions at the FDIC from 2011 to 2013. This Lessons Learned summary is based on an interview with Cave held on April 8, 2024. During the interview, Cave discussed the so-called ring-fencing arrangements planned, considered, or executed between various agencies of the US government—the Federal Reserve, Department of the Treasury, and FDIC—and three banks: Wachovia, Citigroup, and Bank of America. These arrangements, sometimes referred to as wraps or risk shields, …

International Monetary Fund: Short-Term Liquidity Line, 2020, Carey K. Mott, Léo Brougher

Journal of Financial Crises

As the COVID-19 pandemic spread in March 2020, global financial conditions tightened considerably. In response, global reserve currency-issuing countries extended bilateral swap lines to select countries. Strong demand for US dollar liquidity among emerging markets led the International Monetary Fund (IMF) to introduce the Short-Term Liquidity Line (SLL) on April 15, 2020. The SLL functioned as a swap lending facility. Unlike other IMF liquidity tools, the SLL was a revolving credit line that allowed countries to repeatedly draw funds and make repayments, with each repayment restoring access up to the approved limit across SLL arrangements. Its purpose was to enable …

The 2023 Banking Turmoil: Lessons For Eu Resolution Authorities, Niccolò Cirillo, Francesco Pennesi, Sebastiano Laviola

Journal of Financial Crises

The March 2023 banking turmoil in the United States and Switzerland marked the most significant banking stress in financial markets since the 2007–2009 Global Financial Crisis, prompting a reevaluation of prudential and resolution frameworks. This paper explores whether the 2023 events offer preliminary lessons for resolution authorities within the European Union (EU).

Policymakers often struggle to restore confidence in financial systems and contain the repercussions of financial instability. While the 2023 crises in the US and Switzerland underscored this difficulty, authorities largely managed to mitigate the most severe consequences. Nonetheless, some issues in bank crisis management were identified. This paper …

International Monetary Fund: Foreign Exchange Liquidity Through The Special Drawing Rights Allocation, 2021, Vincient Arnold

Journal of Financial Crises

The official response to the COVID-19 pandemic was costly for governments, particularly those in developing economies with significant existing external debt. On August 2, 2021, the International Monetary Fund (IMF) announced in a press release the allocation of SDR 456 billion (USD 650 billion) in Special Drawing Rights (SDRs) to “address the long-term global need for reserves, build confidence, and foster the resilience and stability of the global economy.” The COVID-19 allocation was a form of unconditional (or “concessional”) liquidity to IMF member nations, similar to a capital injection or grant. It was the fourth-ever general allocation and the largest …

Networked To Work?: An Analysis Of A Community College Workforce Development Program, Cynthia Finley, Kim E. Bullington, Mitchell Williams, David Ayers

Online Journal for Workforce Education and Development

Barriers to education and training can have a generational impact on socioeconomic status and economic development. Post-traditional students have been shown to experience a variety of barriers to education and family sustaining employment. Social capital has been shown to help alleviate some of the barriers for students resulting in stronger economic outcomes, such job retention, and higher wages.

The purpose of this case study was to determine if the Network2Work model at Piedmont Virginia Community College (PVCC) can affect outcomes for students from low socio-economic backgrounds by comparing Network2Work outcomes to non-Network2Work noncredit industry training outcomes. The research compared outcome …

Comprehensive Guide For Cte Teachers: Implementing Functional Behavioral Assessments And Individualized Behavior Support Plans For Students With Intellectual And Developmental Disabilities, Hannah Martinez-Davenport, Debra Heban, Dawn Sandt

Online Journal for Workforce Education and Development

The training and requirements for initial licensure of Career and Technical Education (CTE) teachers exhibit considerable variation across states, potentially resulting in a limited familiarity with high-impact special education practices among CTE educators. Two critical practices within this domain are the conduct of Functional Behavior Assessments (FBAs) and the design of Individualized Behavior Support Plans (IBSPs). The FBA process entails a thorough, team-based approach to data collection and analysis aimed at identifying the underlying causes of behaviors that impede a student with a disability from achieving academic, social, emotional, and vocational objectives. Based on the insights derived from the FBA, …

Imagining The Future Of Records Management: An Analysis Of The Srikandi In Indonesia Through Documentation Studies, Suprayitno Suprayitno, Rahmi Rahmi, Zulfatun Sofiyani

Proceedings from the Document Academy

The SRIKANDI application, a cornerstone of Indonesia's digital records management initiative, embodies the nation's commitment to modernizing governance through electronic systems. This study employs Niels Windfeld Lund’s Complementary Documentation Analysis Model to dissect SRIKANDI'S evolution (diachronic analysis) and its current state (synchronic analysis), offering a comprehensive understanding of its role in Indonesia's e-government landscape. Diachronically, SRIKANDI'S development reflects a strategic shift from fragmented, standalone applications towards a unified, interoperable platform, as mandated by Presidential Regulation No. 95 of 2018. This transition aims to streamline government processes, reduce redundancy, and enhance budget efficiency. Synchronically, SRIKANDI is evaluated as a digital platform …

Empowering Tech Professionals: Mentorship And Interview Preparation In The Face Of Industry Layoffs, Sakhi Aggrawal

Purdue Journal of Service-Learning and International Engagement

In recent years, the Information Technology (IT) industry has witnessed significant turmoil, marked by waves of mass layoffs that have left numerous skilled professionals grappling with job loss and uncertainty. The year 2023 alone saw over 250,000 tech workers in U.S.-based companies lose their livelihoods due to corporate restructuring, with renowned giants like Amazon, Alphabet, Microsoft, and Meta being forced to trim their workforce. This unsettling trend highligts a pressing need to support those affected and empower them to regain stability in their careers.

Against this backdrop, I, an experienced technical program manager and software engineer with a background at …

Strategi Pemenuhan Pemeriksa Di Lembaga Internasional Pada Badan Pemeriksa Keuangan, Afrizal Afrizal

Jurnal Administrasi Bisnis Terapan

This research aims to analyze the factors that are considered in the selection of auditors in carrying out audit assignments in international institutions and formulate strategies for the fulfillment of employees for audits in international institutions at The Audit Board of The Republic of Indonesia. The research was carried out at the Audit Board of the Republic of Indonesia at the Human Resources Bureau. This research is intended to formulate more effective and efficient policies in human resource management, especially the management of auditors in The Audit Board of The Republic of Indonesia.

The author uses several theories related to …

Event Sebagai Strategi Digital Content Marketing : Studi Kasus Penerapan Digital Marketing Pada Bisnis Indonesia Film Content Academy (Ifca) Pt Produksi Film Negara (Persero), Salsabila Nurohmah

Jurnal Administrasi Bisnis Terapan

The purpose of this study is to determine the effectiveness of events as a digital content marketing strategy. Digital content marketing has two main indicators: valuable content and content sharing. Meanwhile, in the event business, it has indicators of cognitive, psychological experiences, leisure experiences, event satisfaction, and event quality. The method in this study is interviews and direct observation through an internship program at IFCA PT PFN. The results of this study show that the effectiveness of events in the form of training and workshops as a digital marketing strategy has a significant impact on the products owned by IFCA. …

The Role Of Japan’S Labor And Social Security Attorney (Sharoushi) In Expanding Social Security Coverage; A Benchmark Model For Indonesia’S Perisai, Kader Jkn, And Agenalis", Yoshihiko Ono

Jurnal Administrasi Bisnis Terapan

This study examines the role of Japan's Labor and Social Security Attorney, known as Sharoushi, in expanding social security coverage and ensuring the effective collection of insurance premiums and providing Human Resources Consultation. The Sharoushi system, alongside Japan’s labor insurance office associations, has significantly contributed to the inclusivity and sustainability of Japan's social security framework, especially for small and medium enterprises (SMEs). The study mainly analysis Sharoushi system and compares the Sharoushi system with Indonesia's similar professions, such as Perisai, Kader JKN, and Agenalis, which were inspired by Japanese models and implemented to support informal sector workers. This comparative analysis …

Perceptions Of Sport Fandom As A Means Of Meeting Psychological Needs, Daniel L. Wann Phd

Findings in Sport, Hospitality, Entertainment, and Event Management

The current study examined the use of sport fandom and team identification to assist in meeting four basic psychological needs: belonging, distinctiveness, structure, and meaning. The results indicated that fans view both general sport fandom and team identification as having the capability of helping them meet each of the needs, especially the need to belong. Additionally, team identification was believed to be more effective in assisting with the need for distinctiveness than was general sport fandom.

Interview With Jim Fields, Coo (Pitt Ohio), Elizabeth Gingerich

The Journal of Values-Based Leadership

No abstract provided.

Book Review: Across The Aisle: Why Bipartisanship Works For America, Elizabeth Gingerich

The Journal of Values-Based Leadership

No abstract provided.

Book Review: Culture Shock – An Unstoppable Force Is Changing How We Work And Live. Gallup’S Solution To The Biggest Leadership Issue Of Our Time., Doug Knuth, Cam Caldwell

The Journal of Values-Based Leadership

No abstract provided.

Book Review: Standing My Ground: A Capitol Police Officer’S Fight For Accountability And Good Trouble After January 6th, Olivia N. Leyva

The Journal of Values-Based Leadership

No abstract provided.

Book Review: Ai [Artificial Intelligence] Fundamentals For Business Leaders, Eya Mahouachi

The Journal of Values-Based Leadership

Artificial Intelligence Fundamentals for Business Leaders: Up to Date with Generative AI (Byte-sized Learning Book 1) is a recent book in a series of four on Artificial Intelligence. It is authored by I. Almeida, the Chief Transformation Officer at Now Next Later AI, an AI advisory, training, and publishing business that supports organizations with their AI strategy, transformation, and governance.

This book is organized around understanding AI, Data and Data Management, Machine Learning, Deep Learning, Model Selection and Evaluation, and Generative AI. The last chapter incorporates an assignment for leaders. This book employs an effective approach to help readers grasp …

Book Review: Frankie’S Home Run: A Teenage Memoir About Compassion, Generosity, Courage, Kindness, Spirituality And Leadership, Elizabeth Gingerich

The Journal of Values-Based Leadership

No abstract provided.

Book Review: Leadership At The Spiritual Edge: Emerging And Non-Western Concepts Of Leadership And Spirituality, Susan E. Brownlee

The Journal of Values-Based Leadership

Abstract

Leadership at the Spiritual Edge: Emerging and Non-Western Concepts of Leadership and Spirituality is a recent collection of thoughtful contributions by scholars and practitioners that study and work at the intersection of leadership and spirituality. The book was edited by Mohammed Raei (leadership and organization development consultant based in Jordan), Stacey Guenther (leadership coach and affiliated faculty at George Mason University), and Lisa Berkley (founding president of the Institute for Inner Economy and faculty at University of California, Santa Cruz). The book’s dominate themes encompass compassion for self and others, wholeness of mind, body and spirit, and promoting the …

How To Create A Mentoring Culture In An Organization, M. S. Rao

The Journal of Values-Based Leadership

The purpose of this paper is to provide basic inputs about the concept of mentoring to the readers. It touches on the role of mentoring in leadership and mentoring that is essential for entrepreneurs. It focuses on the myths and truths in mentoring. It suggests that there is more need to explore deeply about entrepreneurial mentoring. It helps look at the role of leaders in leadership mentoring. It stresses that there should be a blend of both inside and outside mentors to make the mentoring meaningful and fruitful. It may provide further scope for emerging areas in mentoring like lateral …

Lessons From History: The Leadership Challenge Of Dr. Martin Luther King, Jr...Why It Matters Today [Part 2], Emilio F. Iodice

The Journal of Values-Based Leadership

No abstract provided.

Time's Up: Going Out On A High Note -- Or "Being Shown The Door?", Ritch K. Eich

The Journal of Values-Based Leadership

No abstract provided.

Islam Across Cultures: The International Islamic University Of Indonesia Through A Western Lens, Elizabeth Summerfield

The Journal of Values-Based Leadership

Since the September 11th tragedy in the United States, Islam has become associated with many in the West with unpredictable menace, a significant threat to the civilised order. This article presents a preliminary exploration of a counter narrative to that conception of Islam. Indonesian Islam challenges that common perception, even while it has also been the site of Islamic extremist violence. The big picture of Islam in Indonesia reveals a different story, one where such militancy is aberrant. It is not reflective of deep principles of Islam as it is practised by the vast majority of Indonesian Muslims. To take …

The "Ways Of Peace" And The "Ways Of Pleasantness": Core Values Of Jewish Law, Hershey H. Friedman, Joshua Krausz

The Journal of Values-Based Leadership

The phrase "the Constitution is not a suicide pact" signifies that during times of crisis, the nation's survival takes precedence over constitutional rights. Similarly, the sages of the Talmud emphasized that "Her [the Torah's] ways are the ways of pleasantness, and all of her paths are peace," underscores that sometimes laws have to be adjusted if they can cause strife and dissension. They used this verse from Proverbs to establish the principles of darchei shalom (the ways of peace) and darchei noam (the ways of pleasantness) to foster a peaceful, harmonious, and pleasant society, often amending biblical laws to maintain …

The Association Of Leadership Styles With Psychosocial Safety Climate: The Case Of Authentic Leadership, Eugene Laloo, Robyn Coman, Natalia K. Hanley

The Journal of Values-Based Leadership

Psychosocial safety climate (PSC) is an organisation-level construct that measures an organisation’s commitment to the prevention of psychological harm in the workplace and has been identified as a lead indicator for psychological hazards. A key factor in PSC is senior leaders’ involvement through the establishment of policies, procedures, and practices for the prevention of psychological harm in the workplace. While leadership has been identified as an antecedent for a favourable PSC, the impact of different leadership styles on PSC has not been extensively studied.

This article reports a multivariate study of five contemporary leadership styles and their impact on PSC. …

The Leadership Identity Presented On Linkedin, Carl L. Tolbert

The Journal of Values-Based Leadership

LinkedIn has evolved in a way similar to other social media platforms but is unique in that it focuses on professional networking and careers. Many professionals seek to showcase their leadership skills and philosophies as part of a publicly showcased online persona. This paper aimed to examine the posts specific to leadership and thematically investigate presentation strategies, motivation, and purposes behind the posts. The paper begins with a historical review from the inception of LinkedIn through pivotal milestones in the history of the company. Key concepts from the literature are then reviewed specific to social media use and motivations behind …

Kitkats And Boiling Kettles: Understanding Reciprocal Relationships In The Workplace, Gavin Mason, Garry Nicholson

The Journal of Values-Based Leadership

Often referred to as a law, principle, norm or rule, reciprocity can be defined as a state or condition of free interchange or mutual responsiveness. This paper considers the importance of reciprocity in organisational settings, whilst identifying three reciprocal exchange behaviours of which leaders should be aware. A Socratic dialogue using the Nelson/Heckmann approach is adopted as a research method, with the primary methodological concern being that of the axiological field of philosophy. Axiology deals with the nature of value and asks what is intrinsically worthwhile. This can lead to multiple questions about what we value in an organisational context. …