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Business Needs to Do What Government Can't

Harvard Business Review

Just under 1,000 companies account for half of the world's market capitalization, Eccles notes. Breakthrough requires an end to systemic inequities by opening up processes, information - and markets. Companies like Unilever are on an open innovation drive, while GSK and Novartis are focusing on access to medicines in poorer markets.

EPS 8
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Managing in an Age of Winner-Take-All

Harvard Business Review

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. This is a situation that cannot endure.

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How Amazon Trained Its Investors to Behave

Harvard Business Review

In fact, Amazon was only operating at such a high burn rate because it could. That opportunistic approach to financial markets has defined Amazon since it went public in 1997. When Uncle Wall Street (also known as Mr. Market ) is in a generous mood, Bezos is always ready to take advantage by putting investment ahead of profitability.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. public market capitalization over this period.

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Why I'm Glad I Got Fired

Harvard Business Review

A friend of mine, Godfrey Sullivan , asked me to consider running the operations for the Americas unit at Autodesk. Carol wanted to promote someone from within; however, that executive lacked the broad discipline knowledge of channels, marketing and sales ops. Here's what happened. Only sheer politeness kept me from hanging up.

EPS 15