Remove Ethics Remove Finance Remove Price Remove Short-term
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Should CEOs Have Term Limits? | N2Growth Blog

N2Growth Blog

Posted on July 7th, 2010 by admin in Leadership , Operations & Strategy , Rants By Mike Myatt , Chief Strategy Officer, N2growth I have read some interesting articles and blog posts of late on the subject of CEO term limits, and felt this topic worthy of discussion.

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Why Do Corporations Need A Single Purpose?

Harvard Business Review

To many, the obvious candidate for measuring corporate performance is share price. A generation of economists, finance theorists, business school professors, and would-be governance experts has embraced the notion that companies exist only to maximize "shareholder value.". In effect it leaves the manager with no objective.".

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If the Auditors Sign Off, Does That Make It Okay?

Harvard Business Review

But he rationalized those actions in his mind at the time, because the result was higher leverage, a higher return on equity, and a higher stock price. Fastow suggested that to avoid falling into an ethical trap he should have asked himself the right questions: Am I only following the rules or am I following the principles?

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The Libor Scandal and the Price of Prosperity

Harvard Business Review

This scandal isn't about price-fixing. It is, in short, about you and I, and the places we seek for ourselves in the world. Let me couch this for you in the pedestrian terms of financial hydraulics — the tawdry terms which seem to substitute for thinking in what's become of our thin, shallow economic and political discourse.

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The Big Picture of Business: Been There, Done That

Strategy Driven

Short tenure in consulting, believing that recent corporate experience readily translates to the entrepreneurial marketplace. In budgeting for and pricing consulting services, budget for consulting at the start of the fiscal year, averaging 10 percent of gross sales. This does not include marketing, which should be another 10 percent.

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One Out of Every Two Managers Is Terrible at Accountability

Harvard Business Review

Zaleznik chronicled how he saw American managers, influenced by the rising popularity of the human relations school, turn increasingly from the substantive work of organizations — creating products and services, cultivating markets, pleasing customers, cutting costs, and getting stuff done — to what he termed "psychopolitics."

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The 6 Ways Business Leaders Talk About Sustainability

Harvard Business Review

This point was underscored by Unilever CEO Paul Polman when he courageously told short-term investors who did not support sustainability efforts not to buy his company’s shares. Challenges of this frame: Be wary of pricing everything that moves in the environment and focusing too much on costs. The Moral Frame.

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