Harvard Business Review
APRIL 7, 2015
The advent of the modern organization and the practice of management constitutes a “social technology” that has been equally transformative. Tumbling transaction costs are altering the economics of organizations and, at a stroke, invalidating old business models.
Harvard Business Review
OCTOBER 9, 2015
Thirty years ago, no less a business guru than Peter Drucker weighed in, skewering short-termism in a Wall Street Journal editorial. The current hue and cry from stock markets about organic growth is a product of this dynamic. Somewhat ironically, many engaging in the discussion seem to think that the issue itself has a short history.
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