A boss who initially forgives you for the mistakes you make and allows you to freely learn from the errors you commit during the early days is probably the best person you can work with.
Not everyone is so lucky.
I always say you choose your boss, and your organization early on!
A bad boss will destroy your career.
Many cannot or do not have the choice to select firms or individuals they work with.
That is a simple luxury.
Especially, in countries where poverty and unemployment exists, hence, young professionals don't have much choice.
I didn't get along with many reporting line individuals, and I never wasted my time resigning.
That is why you have a #probationary period.
The firm should analyze the worker, and the latter should do the same with the former.
It's not one-way traffic!
Especially, they are a lot of abusive and narcissistic managers.
Never habitually make tea or coffee in the morning for the reporting line.
You are hired to work as a professional, not as a waiter.
Once you go down that lane, you will end up doing that for life.
Be careful.
3 tips to succeed in the workspace 1. Never dress better than your boss 2. Never stay after your boss leaves the office unless instructed to do so 3. Never appear as if you are more qualified compared to your boss 4. Never reveal to anyone that your boss is incompetent
GOOD LUCK
Sorry 4 ;)
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Skill harvesting is akin to cropping agriproducts.
You till the fertile place, select the seeds, provide exposure to sunlight, start the soil sowing process, apply fertilizers, waters, and other chemicals, wait for the germination to turn into a crop, & start harvesting.
Governments that invest in Human Capital have benefited a lot in terms of socio-economic development.
It is not just about making money to sustain oneself, but, liberating a human being from slavery.
The political dividends reaped from such a policy are immense!
E.g. Singapore.
Compare #Singapore or other SE-Asian Nations with the Energy Rich Nations, which rely on #petrodollars in addition to Natural Gas/LNG Exports, such as the #GCC Nations.
The quality of economic development is completely different, in nations where knowledge capital exists
Why is Financial Risk Management important for students to select as an elective in a Banking, or Finance or Investments Specialization Pathway? @GARP_Risk @CQFInstitute @CFAinstitute @PRMIA
FRM became popular during the 1980s when some top Wall - Street Banks hired quants to develop Summary Portfolio Metrics and reports on a day-end basis. E.g. the techniques pioneered by JP Morgan, LTCM and other top banks paved the way forward.
The credit for the development and emergence of this new subject area from within the literary domains of both Financial Economics & #Actuarial Science that has revolutionized decision-making, problem-solving and structuring methods across industries goes to working professionals
I still don't know why so many IAD Officials detested my work at some firms where I was chosen to work as a CRO/ Lead Risk Consultant?
After all, the Risk Desk and the IAD should work as partners, but, I do feel there is an unspoken rivalry between these two lines of defence.
Turfs warfare?
Internal Audit was the bespoke risk management desk before Risk Desks were set up by the corporate boards across the globe.
Auditing and Credits Departments at Banks are bigger adversaries of Risk as an independent reporting function compared to the business desks.
You can add #CFO in charge of Finance to the list of another back-office function/ department which hates to work with the #CRO, Chief Risk Officer.
I remember my encounter with a Head of Finance at a bank, who insisted on computing capital charges & CAR using @BIS_org weights
Currency Devaluation or Depreciation might be helpful in outward paying economies that have an export-led model of growth.
Economies where the majority of the derived demand is based on domestic commercial activity, might find currency price reduction as a harrowing systemic risk
The first thing that an IMF Program desires from its client states is that they should devalue or assist market-based depreciation of their nominal exchange rate.
In this way, the economy can instil a shock by means of which macroeconomic adjustment will take place!
Reducing CAD
All client states that borrow to finance the balance of payments gap, working under the IMF Program, lose their economic sovereignty and turn into satellite states.
The International Political Economy of the IMF Structural Adjustment Program needs understanding.
These are tools