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How CFOs Can Take the Long-Term View in a Short-Term Economy

Harvard Business Review

” Backing this up is another group of asset managers who have committed $2 billion to invest in a newly created S&P Long-Term Value Index , a subset of companies doing things right. In 2012, John Deere CEO Samuel Allen began releasing long-term, aspirational revenue targets for 2018. “Then get out of our stock.”

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The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help

Harvard Business Review

Target raised its minimum wage to $11 this past fall and committed to $15 by 2020. Economic growth has been stuck in low gear for almost a decade now, averaging around 2% a year since 2010 while productivity growth, the key to increasing living standards, has been languishing near historic lows since the financial crisis.

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