Communication Key to Morgan Stanley's losses and Goldman Sachs's profits

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Surprise, surprise ;-)

"What separates the winner -- Goldman Sachs Group (NYSE: GS) from the losers -- such as Morgan Stanley (NYSE: MS) -- in this year's Wall Street money-making game is the way information flows among decision-makers. The winning firm encourages vigorous information flow and intense debate about decisions across different levels of the organization. The losing firms shoved decisions from the top down the throats of traders who executed them."

Continued...
How communication explains Morgan Stanley's losses and Goldman Sachs's profits - BloggingStocks

Jack Welch said, it and he did it, business is simple enough, if you just let people get on with doing what they're supposed to do without interference. Management by objectives, is what it*s called.

Simple, but not easy for some busybodys, apparently.
 
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