article thumbnail

Why Today’s Leaders Need to Be Perpetual Learners

Harvard Business Review

Born to immigrant parents in the Australian outback, he would eventually rise to the top of the corporate world, taking over in 2004 as CEO of Dow Chemical. In that job, which he held for 14 years, he won widespread credit for pushing an ambitious sustainability agenda, no easy task at one of the world’s biggest chemical producers.

article thumbnail

Rethinking Your Supply Chain in an Era of Protectionism

Harvard Business Review

The fraction of global manufacturing done in Asia (measured by value added) jumped from 29% in 2000 to 45% in 2015. In 2004, the cost of manufacturing on the east coast of China was approximately 15 percentage points cheaper, on average, than in the United States. In 2016, that gap was down to about 1 percentage point.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. Trade Lobbying Strategy for the 21st Century

Harvard Business Review

Yet when it comes to the international nonmarket rules for business, American firms have disengaged just at the time when these emerging markets are asserting themselves in global dealmaking. business to rethink what it wants on major global talks on trade (and climate change, for that matter). It is time for U.S. Leading U.S.

article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

Flooding in 2011 in Thailand, harmed 160 companies in the textile industry and halted nearly a quarter of the country’s garment production, increasing global prices by 28%. Coca-Cola, for example, faced a water shortage in India that forced it to shut down one of its plants in 2004. In 2005, they launched a U.S.

article thumbnail

How Jamie Dimon Became a Risk Factor

Harvard Business Review

It''s a lawyerly, exhaustive, exhausting rundown of all the things that could possibly weigh on the earnings of a giant global bank, from regulatory changes to loans going bad to a liquidity crisis to the possibility that "one or more of its employees causes a significant operational breakdown or failure."