Harvard Business Review

JULY 17, 2018

During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee.

Committee 8

Committee Welch Finance Participative 8

Harvard Business Review

AUGUST 8, 2018

corporations from 1985 to 2015. This changed after Peter Dolan (Dartmouth, 1980) took the helm in 2001. Despite the general trend across schools toward becoming more finance-oriented, there could have been considerable variation in what’s taught. firms, and put the brakes on diversification.

Influence 13

Influence Education Pharmaceuticals Finance 13

Harvard Business Review

JANUARY 12, 2017

To understand how traditional software vendors can move to the SaaS model while managing the transformation’s challenges, we studied how the stock market reacted to publicly listed firms announcing they wanted to introduce a new SaaS offering from 2001 until the end of 2015.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

FEBRUARY 7, 2017

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. The differences were dramatic. We calculate that U.S.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

SEPTEMBER 4, 2015

We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D. For example, Terry Semel, who succeeded Tim Koogle as CEO of Yahoo in 2001, had a media marketing background at Warner Brothers.

CEO 8

CEO Innovation Pharmaceuticals Merchandising 8

Harvard Business Review

MARCH 22, 2017

The fraction of global manufacturing done in Asia (measured by value added) jumped from 29% in 2000 to 45% in 2015. supply base: The United States suffered a net loss of nearly 19,000 manufacturing firms between 2001 and 2015, according to our analysis of U.S. Bureau of Labor Statistics and U.S. Census Bureau data.

Supply Chain 10

Supply Chain Chemicals Uncertainty Policies 10