The following article has been published on July 8 2009. Exchange rates can exacerbate crisis From Prof Patrick McNutt. Sir, Commentary on the financial crisis seldom addresses the significance of exchange rate volatility. That may change soon. Both the World Trade Organisation and the World Bank have warned about the rise in protectionism. China believes […]

Abstract from Patrick McNutt’s strategy session. Management Motivation (ppt) Economics of STRATEGY as described in Patrick McNutt’s Workshops in Business Strategy Meaning of STRATEGY (doc) MBS Talk MBS Talk 2010 (PowerPoint)

In addressing Manchester Business School Alumni associations in Dubai and Singapore, Patrick McNutt argues that the world economy is now enduring a signalling cycle that probably began in the US on March 12th 2007 and it will continue to oscillate until either a market equilibrium (= continued recession) or a Signalling (pdf) Signalling 2009 (pdf)

This is a short paper due for publication in 2010. The views are personal. The paper outlines the background to Demidenko and McNutt’s new consultancy tool (available on this web page] for assessing a company’s ethical maturity in terms of ERM and improving the governance gap. Ethics of Enterprise Risk Management (pdf)

Nationalised banking structures destroy shareholder value and incur long terms costs for the taxpayers. BigBankParadox (pdf) BigBankParadox_powerpoint (ppt) Drivetime_on_RTE_