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Business Needs to Do What Government Can't

Harvard Business Review

The oft-cited CEO of Unilever, Paul Polman, announced the company's Sustainable Living Plan , saying to investors: "if you don't buy into [our long-term value model], I respect you as a human being, but don't put your money in our company.". Breakthrough Finance. Zeitz is also rolling out the EP&L across the holding group PPR.

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Firms Are Wasting Millions Recruiting on Only a Few Campuses

Harvard Business Review

These organizations, also known as elite professional service (EPS) firms, have some of the most well-developed and longstanding on-campus programs. In the EPS world, on-campus “school lists” have two tiers, based largely on prestige. ” How It Works — and How “Regular” Applicants Get Ignored.

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How Amazon Trained Its Investors to Behave

Harvard Business Review

Hansen, Herminia Ibarra, and Urs Peyer latest ranking of long-run CEO performance in HBR , Amazon's Jeff Bezos now ranks No. Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory. In Morten T.

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You Can't Impress Stock Analysts.and Shouldn't Try

Harvard Business Review

Earlier this year, I asked a CEO of Fortune 100 company how he dealt with analyst pressure. What he said was this: "I don't know any CEO that would want to run a company the way analysts would want us to.". Nobody writes a paean to the search for 9 percent EPS growth. Moreover, pure growth targets are even wackier right now.

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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

I know that finance professors at business schools throughout the nation teach MBAs and executives that, for the sake of economic efficiency, a company should “maximize shareholder value.” We need CEOs like you to take the lead as responsible citizens in articulating a vision of the social investments required for the next generation.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

As a result, despite persistent calls for more long-term behavior from us and from CEOs who share our views, such as Larry Fink of BlackRock and Mark Wiseman, the former head of the Canada Pension Plan Investment Board, a genuine debate has continued to rage among economists and analysts over whether short-termism really destroys value.

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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. Whether in politics, finance, or business, there is growing concern that many leaders have lost their moral compass. The Moral Frame.

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