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How Incentives for Long-Term Management Backfire

Harvard Business Review

This is a classic story of unintended consequences — inadvertently short-circuiting long-term management — to the detriment of companies, investors, and the economy. For example, one large technology company embraced a strategy to win through new digital businesses. Eventually, the company’s share price nosedived.

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The 6 Ways Business Leaders Talk About Sustainability

Harvard Business Review

Crucially, he concludes that our unconscious mental frames “shape the goals we seek, the plans we make, the way we act, and what counts as a good or bad outcome of our actions.” The focus of people using a resources frame to understand sustainability is often on waste reduction and technological innovation.

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