article thumbnail

Leadership Matters

N2Growth Blog

I had joined the Rio Board in 2009, so I already had broad oversight of the company’s diverse operations. It has the strongest balance sheet, is the most profitable mining business in the world (measured by underlying earnings and cash generation), has substantially reduced costs (by some $6 billion), working capital ($3.5

Gordon 150
article thumbnail

To Grow, Social Enterprises Must Play by Business Rules

Harvard Business Review

It's an example of an organization seeking to meet this challenge of scale by providing top-tier, in-kind expertise and working capital to promising social enterprises. Hoping to fill this need, my firm, Bain & Company and six other partners founded Social Business Trust (SBT) in the U.K.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Multinationals Are Doubling Down on Russia

Harvard Business Review

The old approach to Russia won’t work. Experienced executives in this market have gone through at least two large crises over the past 20 years: in 1998 when the government defaulted on its debts, and in 2009 when Russia was infected by the global financial crisis.

article thumbnail

Is Your Supply Chain Ready for the Congestion Crisis?

Harvard Business Review

Shipment volumes through North American ports, which fell 20% in 2009 from a record peak in 2007, are now higher than they were in 2007, and port-expansion plans from Vancouver to Los Angeles/Long Beach are bogged down by political wrangling. Then the recession hit, and the problem receded as port traffic slowed.

article thumbnail

How One CEO Grows Her Business with Feeling

Harvard Business Review

In 2009, with $60,000 in seed money from the not-for-profit VC organization Echoing Green , and with the Harvard Business School's first social entrepreneur fellowship , Scharpf founded Sustainable Health Enterprises (SHE). In turn, SHE reinvests its profits in new geographies or other disruptive enterprises.

article thumbnail

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

” Economic profit represents a company’s profit after subtracting a charge for the capital that the firm has invested (working capital, fixed assets, goodwill). Another way to measure the value creation of long-term companies is to look through the lens of what is known as “economic profit.”