Dan Davies

Dan Davies, author of "Lying for Money" and "The Unaccountability Machine," delves into the complexities of cybernetics and its impact on modern organizations. He explores how organizations adapt as they grow, revealing the intricate relationship between financial fraud and system design. The conversation highlights the dangers of detachment in decision-making and the innovative solutions required for managing modern complexities. Davies also shares insights from his journey transitioning from banking to writing, emphasizing the true value of community connections in publishing.

In this discussion, Dan Davies, a Managing Director at Frontline Associates and former Bank of England economist, delves into the shocking collapse of Silicon Valley Bank. He reveals how the bank's tech-heavy customer base was more volatile than anticipated and why their risky investments in long-dated Treasuries backfired. Davies also highlights critical failings in risk management and regulatory gaps that accelerated the downfall, leaving the banking sector to brace for future challenges and uncertainty.

Dan Davies, author of The Unaccountability Machine, dives into the fascinating intersections of cybernetics, economics, and football. He explains how complex systems and accountability shape the sport and capitalism alike. The conversation highlights systemic issues in European football, using a metaphor involving squirrels to discuss accountability failures. Davies also tackles the challenge of translating elite football insights into coaching practices and unpacks the intricacies of club ownership, debt, and investment dynamics in the football industry.

Dan Davies, economist, discusses the unaccountability of managerial elite creating terrible business outcomes. Topics include blame shifting to systems, financial markets as measure of accountability, challenges of borrowing large sums of money in businesses, and the shift towards corporate purpose beyond profit.

Dan Davies, an economist and author of 'The Unaccountability Machine', dives into the alarming trend of corporate irresponsibility. He recounts the bizarre incident where Schiphol Airport shredded 400 squirrels due to bureaucratic blunders, highlighting the chilling effects of unaccountable systems. Davies also critiques marketing tactics that distort consumer behavior and examines the parallels between mishaps at Boeing and irresponsible corporate governance. He urges a reevaluation of how organizations operate to regain ethical boundaries in decision-making.