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- W2256257831 abstract "The objective of this paper is to better understand the impacts of the Financial Crisis on the organizations and people within the Financial Industry, with a focus on front-office managers and operators. Managers used to manage with the famous 'bonus.' Because managers are promoted on the basis of their technical competencies, they focus on technical aspects rather than on people. Things have radically changed. Bonuses are considerably lower than before the crisis and trading rooms now need managers who pay attention both to the personal needs of talented experts and the strategic objectives of the company, which requires knowledge of human capital management best practices. For these reasons, organizations have to invest in training and coaching programmes to allow their managers to assume their new role. Based on sociological theories, this paper explores a concrete management development programme and suggests ways to further develop managers in a rapidly changing environment." @default.
- W2256257831 created "2016-06-24" @default.
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- W2256257831 date "2012-01-01" @default.
- W2256257831 modified "2023-09-26" @default.
- W2256257831 title "A New Role for Managers after the Financial Crisis" @default.
- W2256257831 doi "https://doi.org/10.2139/ssrn.2054670" @default.
- W2256257831 hasPublicationYear "2012" @default.
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