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The “Maximize Profits” Trap in Decision Making

Harvard Business Review

This logic and the institutions that reinforce it, like competitive markets and the rule of law, have transformed the world and lifted billions of people from poverty. Imagine, for example, that you’re a pharmaceutical CEO deciding whether to recall a new drug. How should you make this decision?

ROI 8
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Solar Is Being Held Back by Regulations, Not Technology

Harvard Business Review

And yet there’s room for even more industry growth, and more savings for American consumers: a recent study my team conducted found that antiquated regulations are costing the growing solar market an additional $70 billion. To understand why, we have to start by looking at the market for solar. We wanted to know how a new U.S.

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At Olympus and Goldman Sachs, Two Very Different Whistleblowers

Harvard Business Review

The first whistleblower — using facts — is former Olympus CEO Michael Woodford , who uncovered a huge accounting fraud at the company. In 2011, Woodford was asked to lead the Japanese maker of optical equipment, first as president (in April) then as CEO (in September). He then went public.