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An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

To understand its sustainability journey better, I spoke with the company’s head of environment, Sylvie Benard , and the CEOs of two of its wine and spirits brands. Charles Gibb, Belvedere’s CEO, says it made a strategic choice to invest in this project, even though it had a longer payback period than normal.

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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. GE is an icon of management best practices. But, as befits a company that has been around for 130 years, GE is moving on.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. Financial capital is assumed to be virtually unlimited, while certain types of human capital are in short supply.

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