Drops from the Fire Hose – October 26, 2012

The Chicken-Egg Problem with Organizational Change — Harvard Business Review

Timing is critical for successful organizational change. What you do first and the sequence of actions that follow can make or break your effort. But in many cases, it’s not completely clear whether one step causes another or vice versa. Like the classic “chicken or the egg” dilemma, you’re left asking yourself: Which should come first?

. . .

Deciding where to start with organizational change is often a complex argument about what should come first. Rather than get caught in the debate, it’s important first to clarify what you want to achieve, and then find the most powerful way to get there.

Morgan Stanley’s Guide To Every Major Economy And Stock Market In The World — Business Insider

Morgan Stanley’s Cross-Asset Strategy team just published its new Global Debates Playbook, wherein they ask each of their regional experts to summarize the hot economic topics in their coverage areas.

The report considers how messy Europe can get, whether China is rebounding, how uncertainty will slam the U.S. economy, and what can be done to relieve sluggishness in Japan.

The main theme for most regions: central banks will play a huge role in everything.

The Most Costly Banking Mistakes You Can Make — Forbes

The Bottom Line
With bank fees going up year after year, it is more important than ever to ensure that you know the ins and outs of bank fees, are paying the least amount, and keeping the money in your pocket. Know what your bank’s policies are, and be on the lookout for lower-fee accounts.

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