Lessons Not Learned

Much has been written and spoken about the lessons learned from the financial crisis of 2009. This book deals with the lessons not learned before the financial crisis. Dr Trimbath demonstrates that an existing framework for regulating financial systems, available since at least 2001, could have prevented the systemic failure in the US that led to the collapse of global credit markets in 2008. Step by step the book guides you through what could have been done to prevent the crisis and what investors can do to protect themselves from the next one, and concludes with a key idea for making financial services businesses stand out from the crowd ensuring future success. The list of 10 Steps is quite straight-forward and simple. Have private, independent rating agencies. Provide some government safety net but not so much that banks are not held accountable ("Too Big to Fail") Allow very little government ownership and control of national financial assets. Allow banks to reduce the volatility of returns by offering a wide-range of services. Require financial market players to register and be authorized. Provide information, including setting standards, to enhance market transparency. Routinely examine financial institutions to ensure that the regulatory code is obeyed. Enforce the code and discipline transgressors. Develop policies that keep the regulatory code up to date. Encourage the creation of specialized financial institutions. For each step the reader will find: the legislative and regulatory background on the existing rules; a review of academic research on the theory behind each step; and the facts and data connecting each step to the financial crisis of 2008. "In a time of mind-boggling complexity in financial regulation - too complex, according to Ben Bernanke, for the Federal Reserve System to understand its impact - Lessons Not Learned is a refreshing call to return to a simpler, more basic approach. Susanne Trimbath emphasizes that the failure to implement regulations, a key factor in the crisis of 2008, remains the system's Achilles heel. This book features a refreshing combination of research grounding and pragmatic experience. A must read for taxpayers and their representatives!" Jerry Caprio - Currently: Williams College, William Brough Professor of Economics and Chair, Center for Development Economics. Formerly (1988-2005): The World Bank, Director, Operations and Policy Department, Financial Sector Vice Presidency

The phrase “lessons learned is such a common one, yet people struggle with developing effective lessons learned approaches. The Lessons Learned Handbook is written for the project manager, quality manager or senior manager trying to put in place a system for learning from experience, or looking to improve the system they have. Based on experience of successful and unsuccessful systems, the author recognises the need to convert learning into action. For this to happen, there needs to be a series of key steps, which the book guides the reader through. The book provides practical guidance to learning from experience, illustrated with case histories from the author, and from contributors from industry and the public sector. The book is a practitioner-level guide to the design and the mechanics of lessons learned processes Takes a holistic approach, tracking lessons from identification to reapplication Makes the case for the assignment of actions for learning

Despite its reputation as the most impressive naval force in the world, the U.S. Navy is in trouble, according to the author of this book, and systemic weaknesses could be its undoing. Here, military sociologist Roger Thompson provides a compelling, often scathing, assessment of the U.S. Navy and its learning disabilities and then presents a convincing argument for reform. Thompson points to the U.S. Navy's "up or out" promotion system, massive personnel turnover, inexperienced crews, and drug and alcohol abuse as problems that make it difficult for the Navy to build cohesive, well-trained fighting units. In a review of the Navy's recent history, he finds that its ships, submarines, and aircraft are often outperformed in competitions and exercises with other navies—and its failures are either denied altogether or perfunctorily excused. Diesel submarines—so quiet that they are rarely detected until it's too late to prevent an attack—routinely surpass expensive U.S. nuclear subs and put U.S. aircraft carriers in danger. American naval pilots, whose weapons are often improperly tested, are frequently bested by military pilots from other countries. Because the U.S. Navy doesn't have enough surface ships to protect its capital ships, American carrier strike groups now use Canadian ships as escorts. Shortcomings like these, Thompson argues, undermine the Navy's potential and should be cause for national concern. In presenting a side of the U.S. Navy that's rarely discussed, this book spells out lessons the Navy must learn if it is going to succeed in an era of asymmetrical warfare—of David-versus-Goliath conflicts. In his conclusion, the author puts forth a twelve-step program that calls on the U.S. Navy to rethink its naval strategy, to lose some weight, and to focus on the fundamentals.

#1 NEW YORK TIMES BESTSELLER • A special 25th anniversary edition of the beloved book that has changed millions of lives with the story of an unforgettable friendship, the timeless wisdom of older generations, and healing lessons on loss and grief—featuring a new afterword by the author “A wonderful book, a story of the heart told by a writer with soul.”—Los Angeles Times “The most important thing in life is to learn how to give out love, and to let it come in.” Maybe it was a grandparent, or a teacher, or a colleague. Someone older, patient and wise, who understood you when you were young and searching, helped you see the world as a more profound place, gave you sound advice to help you make your way through it. For Mitch Albom, that person was his college professor Morrie Schwartz. Maybe, like Mitch, you lost track of this mentor as you made your way, and the insights faded, and the world seemed colder. Wouldn’t you like to see that person again, ask the bigger questions that still haunt you, receive wisdom for your busy life today the way you once did when you were younger? Mitch Albom had that second chance. He rediscovered Morrie in the last months of the older man’s life. Knowing he was dying, Morrie visited with Mitch in his study every Tuesday, just as they used to back in college. Their rekindled relationship turned into one final “class”: lessons in how to live. “The truth is, Mitch,” he said, “once you learn how to die, you learn how to live.” Tuesdays with Morrie is a magical chronicle of their time together, through which Mitch shares Morrie’s lasting gift with the world.

A concise survey of the culture and civilization of mankind, The Lessons of History is the result of a lifetime of research from Pulitzer Prize–winning historians Will and Ariel Durant. With their accessible compendium of philosophy and social progress, the Durants take us on a journey through history, exploring the possibilities and limitations of humanity over time. Juxtaposing the great lives, ideas, and accomplishments with cycles of war and conquest, the Durants reveal the towering themes of history and give meaning to our own.

"Lessons Learned" is a knowledge management approach for organizational learning and improved performance and productivity. However beneficial this approach is, few organizations have been able to implement the processes necessary for organizational success. Utilizing Evidence-Based Lessons Learned for Enhanced Organizational Innovation and Change links the theoretical foundation of the “lessons learned” approach with current tools and evidence-based research in support of organizational development. Outlining best practices and emerging research in organizational learning, this publication is ideal for project managers, academicians, researchers, and upper-level students looking to implement these processes into their project management cycle, particularly in the risk management and quality control processes.

I am the weapon. Eskara is free of the Pit, but far from safe. She is beset by the ghosts of those she has killed, and plagued by the ancient horror that possesses her. Enemies dog her heels, determined to see the last Orran Sourcerer dead. Worse still, there is new player in the game, one far more dangerous than anything she has faced before. But there is one place that might offer her both the safety she needs to survive, and the power she needs to strike back; Ro'shan, the flying home of a God. Eska will soon learn that all power comes with a cost, and some prices are too high. The thrilling continuation of The War Eternal trilogy raises the stakes and pits Eska against more dangerous enemies. Perfect for fans of Patrick Rothfuss and Mark Lawrence.