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Socially Responsible Business Can Only Succeed If It Becomes a Movement

Harvard Business Review

Note, for example, the spirited defense by Paul Polman of Unilever of his long-term, sustainable business philosophy in the wake of a takeover attempt. In it, he points to the growing threat posed by activist investors who push for short-term share-boosting tactics without regard for firms’ long-term viability.

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Long-Termism Is Just as Bad as Short-Termism

Harvard Business Review

Those who call for fixing our financial system and reforming our capital markets often cite the “short-termism” of American companies and their lack of long-term corporate thinking. Peter Drucker wrote that the manager’s job is to keep his nose to the grindstone while lifting his eyes to the hills. Their solution?

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The 3 Preconditions for an Entrepreneurial Society

Harvard Business Review

In 1985 Peter Drucker argued for a shift toward an entrepreneurial society, one where “executives in all institutions…make innovation and entrepreneurship a normal, ongoing everyday activity.” Thirty years on, how far have we progressed toward Drucker’s entrepreneurial society? Here the story is mixed.