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HBR's Most Popular Blog Posts of 2011

Harvard Business Review

We can't resist including another 11 posts, a hard-to-agree-upon sampling of the ideas we were proudest to publish and discussions we most enjoyed hosting this year. by David Silverman. Silverman's basic philosophy on cover letters? What Venture Capital Can Learn from Emerging Markets. Don't bother. by Tony Schwartz.

Blog 16
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The Real Reasons Companies Are So Focused on the Short Term

Harvard Business Review

This has been a remarkable year for the markets. CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). The distinction between current profits and market value is important because market value takes into account future profits, so in principle it captures the long-run returns to R&D.