Sat.Jul 08, 2023

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Physics of Kaizen: Why Somebody Should Get Credit for Fixing Problems That Never Happened : Toyota’s culture of Kaizen: continuous improvement. It is an obvious statement: companies should be continually improving. Companies that are able to successfully adopt a culture and practice of Kaizen have the ability to establish a dominant position in their market. ( Taylor P

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This Week on TRB

The Reformed Broker

Thanks for checking out the latest episode of The Compound and Friends, now celebrating our 100th episode! Darren Rovell dropped in as our guest and he brought with him some of his prized collectibles, a business he takes as seriously as any investor in any asset class. Check these out: This is a ticket to get into the Cavern Club in Liverpool to see the Beatles perform their earliest gigs as the band in-residence. .

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MiB: Jenny Johnson, Franklin Templeton CEO 

Barry Ritholtz

 This week, for our special 500th episode of Masters in Business, I speak with Jenny Johnson, president and chief executive officer of the Franklin Templeton. Johnson joined the firm in 1988 and held leadership roles in all its major divisions before becoming CEO in February 2020. She also led the historic acquisition of Legg Mason in 2020, and Putnam in 2023, with the organization now managing more than $1.5 trillion globally.

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Govt brings GSTN under PMLA, enables sharing of data with investigating agencies

CFO News

The government on Friday notified changes to Section 66 of the Act to add GSTN as the 26th entity to the list. It will now have to disclose information to the ED and FIU if a probe falls under their jurisdiction or if the agencies require information for their investigation.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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Govt appoints K Rajaraman new IFSCA chairman

CFO News

K Rajaraman will be the next chairman of the International Financial Services Centres Authority (IFSCA), the finance ministry said. He will succeed Injeti Srinivas, who had taken over as the first chairman of the IFSCA in early July 2020 for a period of three years.

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