Dissecting the Silicon Valley Bank Crisis
WESTPORT, Conn., March 15, 2023 (GLOBE NEWSWIRE) — HMG Strategy, the World’s #1 digital platform for enabling technology executives to reimagine the enterprise and reshape the business world, has just published fresh insights from Founder and CEO Hunter Muller analyzing what led to Silicon Valley Bank’s collapse along with steps that can be taken to avoid similar financial crises in the future.
In the article, published on March 14, Muller points to the inherent risks for banks that focus too narrowly on specialized markets such as tech startups and VCs and why a broader investment strategy is needed in today’s global economy.
“The SVB situation speaks less about the health of the financial system than it does about the downside of placing too many bets on a single aspect of the multi-faceted global economy,” says Muller, whose company HMG Strategy is a ‘super-connector’ for building strong global relationships and partnerships. The Silicon Valley Bank crisis “affirms my deep and sincere belief in the amazing power of relationships across markets, regions and industrial sectors.”
The article also highlights comments made by U.K. Prime Minister Rishi Sunak on HSBC’s takeover of SVB UK and how this demonstrates powerful leadership along with the need to take a global perspective. Muller also touches on the support of Silicon Valley Bank offered by 300+ venture capital firms, including HMG partners GTM Capital, Lightspeed Venture Partners and Menlo Ventures.
Muller’s analysis is a reflection of the savvy perspectives offered by HMG Strategy’s Global Advisory Services, a unique set of peer-to-peer services which connect CIOs, CISOs and global business technology leaders with each other and keeps them up to speed on the latest leadership, business, technology, cultural and global macro-economic trends that are impacting businesses and members of the C-suite.
HMG Strategy’s Global CIO & CISO Executive Leadership Alliance (CELA) service is a tight-knit, peer-focused community of global CIOs, CDOs and CISOs who collaborate with each other on a regular basis on the top challenges and opportunities they are facing in their roles, opportunities to build their professional brands and to accelerate their career ascent.
The HMG Inner Circle is a subscription-based service which provides timely and in-depth insights into the top macro-economic, leadership and cultural challenges and opportunities facing CIOs, CTOs, global technology executives and fellow members of the C-suite.
In addition, HMG Strategy’s Global Actionable Insights Service is another unique peer-focused subscription service in which CIOs and other technology executives in the HMG community can submit inquiries regarding a particular challenge they may be facing (e.g.; negotiating a global ERP licensing agreement) and be matched with an expert in the HMG network who can offer qualified advice. We’ve recently fielded multiple inquiries from service members who have successfully resolved a variety of organizational issues.
To learn more about HMG Strategy’s Global Advisory Services, contact Tom Hoffman, HMG Strategy’s Vice President of Research, at tomhoffman@hmgstrategy.com.
Hunter Muller’s article on the SVB crisis can also be found on HMG Strategy’s LinkedIn page.
To learn more about HMG Strategy’s upcoming schedule of regional CIO & CISO summits, click here.
About HMG Strategy
HMG Strategy is the world’s leading digital platform for technology executives to reimagine the enterprise and reshape the business world. The HMG Strategy global network consists of more than 500,000 CIOs, CTOs, CISOs, CDOs, senior business technology executives, search industry executives, venture capitalists, industry experts and world-class thought leaders.
HMG Strategy’s global media model generates more than one million impressions per week, providing vast opportunities for business technology leaders and sponsor partners to promote themselves and their brands.
HMG Strategy was founded in 2008 by Hunter Muller, a leadership expert who has worked side-by-side with Fortune 2000 executives with strategic planning and career ascent for the past 30+ years.
HMG Strategy’s regional CIO and CISO Executive Leadership Series, authored books and Digital Resource Center deliver unique, peer-driven guidance from CIOs, CISOs, CTOs, CDOs and technology executives on leadership, innovation, transformation and career ascent.
HMG Strategy offers a range of peer-led advisory services such as its Global CIO & CISO Executive Leadership Alliance (CELA) service which bring together the world’s top CIOs, CISOs and technology executives to brainstorm on the top opportunities and challenges facing them in their roles.
HMG Strategy’s Global Advisory Services are a unique set of peer-driven research services that are designed to keep business technology executives up to speed on the latest leadership, business, technology and global macro-economic trends that are impacting businesses and industries.
To learn more about the 7 Pillars of Trust for HMG Strategy’s unique business model, click here.
Contact: Tom Hoffman, VP, Research, HMG Strategy: 203-221-2702 or at tomhoffman@hmgstrategy.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/20e0d864-7e72-4e28-882b-86eb9df694a6
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