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."