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The Best Companies Know How to Balance Strategy and Purpose

Harvard Business Review

In 2006 alone, Nokia introduced 39 new mobile-device models. “If one can figure out how to effectively reuse rockets just like airplanes, the cost of access to space could be reduced by a factor of a hundred,” Musk explains on the SpaceX website.

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HBR’s Guide to Obama’s 2014 State of the Union

Harvard Business Review

MIT’s Zeynep Ton says a higher minimum wage could help employers , provided they know how to structure their business around a “good jobs” strategy. That view is shared by University of Colorado’s Wayne Cascio, who in 2006 wrote about the high cost of low wages for business.

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Strategy Lessons From Jean Tirole

Harvard Business Review

The academic study of strategy took a big leap forward in the 1970s when Michael Porter of HBS looked at earlier economic research on industry structure and noticed that market power — which economists wanted to minimize — was the same thing as sustained profitability, which corporate executives wanted to maximize. Corporate finance?