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Five New Year’s Resolutions Every Leader Should Make

Harvard Business Review

Leaders have long recognized that an inherently diverse workforce – one that’s inclusive of women, people of color, and gay individuals – confers a competitive edge in selling products and services to diverse end users. Leadership roles are given to those who also look and act the part, who manifest “executive presence” (EP).

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The Authenticity Trap for Workers Who Are Not Straight, White Men

Harvard Business Review

Moving up in an organization depends on looking and acting like a leader, on being perceived as having “executive presence” (EP). According to research from the Center for Talent Innovation (CTI), EP constitutes 26% of what senior leaders say it takes to get to the next promotion.

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Yes, Short-Termism Really Is a Problem

Harvard Business Review

Recently, the Conference Board noted that the average tenure of S&P 500 CEOs had declined from 11.3 For many, buybacks are an explicit, ongoing part of their EPS growth formula (for example, 5% from organic growth, plus 3% from acquisitions, plus 2% from stock buybacks equals the desired double-digit EPS number).

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Managing in an Age of Winner-Take-All

Harvard Business Review

Consider management actions such as cutting jobs and investment as a response to currency fluctuations and the resulting accounting impact of those cuts on earnings per share (EPS). Share buybacks are preferred to investment in innovation, entrepreneurship, and value creation. This is a situation that cannot endure.

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How Amazon Trained Its Investors to Behave

Harvard Business Review

With Amazon, though, nobody emphasizes EPS. As he and two co-authors wrote in 2008 : The emphasis on earnings per share as the primary driver of share price and hence of shareholder value creation, to the exclusion of almost everything else, diverts resources away from investments whose payoff lies beyond the immediate horizon.