Remove 2002 Remove Ethics Remove Innovation Remove Short-term
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Why Do Corporations Need A Single Purpose?

Harvard Business Review

As the Harvard Business School's Michael Jensen put the argument in a 2002 article , "Any organization must have a single-valued objective as a precursor to purposeful or rational behavior. Some want to hold their shares for only a short time and care only about tomorrow's stock price.

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How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

In 2002 Palmisano succeeded a legendary leader in Lou Gerstner, who saved IBM from being broken up and put it on a viable course. Patience and a long-term view. Forward-thinking leaders are not just achieving measurable success in the short-term. Directness. He's personable, but blunt. Pragmatism. When the U.S.