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Daily Updates

MetLife Bucks The Trend

Reuters, 8 October 2008

Amid the sound and the fury are a few optimistic voices. MetLife announced on Wednesday that it is looking to sell 75 million common shares in a bid to raise approximately $2.5 billion in supplementary capital. The company says that this will be used for general corporate purposes and future strategic initiatives. This echoes a story we covered earlier this week from The Economist describing how Japanese firms, flush with cash and lacking opportunities at home, are already on the acquisition trail.

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Analysis of the Credit Crisis

This American Life Podcast, 3 October 2008

This easy-to-understand podcast explains the origins of the credit crisis.

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Letter to the Members

Six Ways The Financial Crisis Should Change Short and Medium-Term Operating Plans


Dear Executive,

While once unthinkable economic events are happening with daily frequency, most of the hard work of managing companies in this environment remains to be done. While volatility and economic difficulty radically “restack” competitive positioning in most industries, economically challenging times in and of themselves, do not cause corporations to stall. Rather, they set up the conditions for serious strategic opportunities or missteps that have lasting consequences.


Companies that experience improvement in relative performance have two key factors at play: 1) better tactical responses to rapidly shifting market conditions that secure financial self-determination and 2) relentless focus on, and continued funding for, a narrow set of key, strategic priorities.


While markets may get a bailout, corporate management will not. With many executives, this is the first and (likely) only shift of this magnitude they will confront “on their watch.” And, paradoxically, most of the “playbook” they have been handed up to this point turns out to be wrong.


CEB has always sat at the forefront of the critical issues facing our membership. Now, across all of CEB, we are providing daily insights for the executives and professionals we serve and a daily perspective on how the current conditions of the markets and the economy will impact your organization.


CEB was built to help you navigate uncertain times like these; use us often to help you move with confidence in driving decisions and change. We encourage you to stay in close dialogue with us and welcome your feedback.


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Our Insights

Access resources for responding to the credit market crisis. This resource center will be continuously updated.

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Upcoming Teleconferences

Teleconferences


Economic Crisis Impact on R&D, Procurement and Operations: Preparing for Hard CFO Conversations

Audio Briefing: Available for download from 7 October 2008 through 10 October 2008

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Recruiting during the Financial Crisis: A Panel Discussion with Senior Leaders

08 Oct 2008 | 11:00 a.m. -noon (Eastern); 4:00 p.m.-5:00 p.m. (GMT)

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Learning and Development during the Financial Crisis: A Panel Discussion with Senior Leaders

08 Oct 2008 | 11:00 a.m. -noon (Eastern); 4:00 p.m.-5:00 p.m. (GMT)

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Responding to the Financial Crisis: An IT Leadership Perspective

08 Oct 2008 | 11:00 a.m. -noon (Eastern); 4:00 p.m.-5:00 p.m. (GMT)

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Seeing Through the Financial Crisis: A Sales, Marketing and Communications Perspective

09 October 2008 | 10:00am – 11am (EST)

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Total Rewards Challenges in the Economic Crisis

Teleconference | 10 October 2008 | 02:00 - 03:00 PM (New York)

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