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Business Needs to Do What Government Can't

Harvard Business Review

Breakthrough Finance. PUMA has led the field; its then-CEO Jochen Zeitz conceived an Environmental Profit and Loss (EP&L) for the company with PwC and Trucost. Zeitz is also rolling out the EP&L across the holding group PPR. Breakthrough involves a shift to new types of impact investment.

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How Amazon Trained Its Investors to Behave

Harvard Business Review

Slate's Matthew Yglesias cracked that "Amazon, as best I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers." With Amazon, though, nobody emphasizes EPS. But he's also always been ready to shift gears when the mood turns stingy.

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You Can't Impress Stock Analysts.and Shouldn't Try

Harvard Business Review

Nobody writes a paean to the search for 9 percent EPS growth. But the pressure to "impress analysts" means that leaders can't pursue the long-term perspective that creates truly lasting, great, and sustainable organizations. Moreover, pure growth targets are even wackier right now. It's a strategic and operational straight-jacket.

GAAP 8
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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

To help provide a better factual base for this debate, MGI, working with McKinsey colleagues from our Strategy & Corporate Finance practice as well as the team at FCLT Global, began last fall to devise a way to systemically measure short-termism and long-termism at the company level. As noted earlier, if all public U.S.

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Firms Are Wasting Millions Recruiting on Only a Few Campuses

Harvard Business Review

These organizations, also known as elite professional service (EPS) firms, have some of the most well-developed and longstanding on-campus programs. In the EPS world, on-campus “school lists” have two tiers, based largely on prestige. Research shows that diverse teams and organizations can outperform homogenous ones.

EPS 8
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The 6 Ways Business Leaders Talk About Sustainability

Harvard Business Review

Having a clearer grasp of these mental models can help business leaders to work with others, both inside and outside their organizations, to build more sustainable businesses. Whether in politics, finance, or business, there is growing concern that many leaders have lost their moral compass. Each has its strengths and limitations.

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