Building Trust in Business: Lessons from Leadership, Corporate Relations, and the Power of Social Capital
One of the most striking examples of trust in business is the $9 billion investment MUFJ made in Morgan Stanley during the height of the Great Financial Crisis. As Morgan Stanley hovered on the brink of collapse, MUFJ trusted them enough to make a major financial commitment. This wasn’t just about money; it was a testament to the years of relationship-building between the two companies.
Globalization Still Works for Companies and the Rich, No Longer for Ordinary Individuals
Globalization is a broad concept, but it can be distilled into a few essential characteristics: high levels of geographical mobility, wealth creation, career advancement, open options, and the ability to leverage "arbitrage."
The Fall of Singapore: A Turning Point for the British Empire and a Lesson in Trust and Preparedness
The surrender of Singapore to the Japanese in 1942 remains one of the most astonishing episodes in British history. Visiting the battle sites recently, I was struck by the extraordinary irony of the event: for the first time, the British, renowned for their expansive empire, found themselves experiencing the humiliation of colonization.