article thumbnail

On Creative Accounting: Two Creativity Myths

Harvard Business Review

"Creative accounting" is really bad. Say that in a roomful of managers, and you get nervous laughter. The only thing that can save us is an accounting breakthrough." Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. Except when it's good.

article thumbnail

We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. I have worked on research that has found that a strong company culture is associated with lower levels of myopic decision making, better productivity, and innovation.

EPS 8
article thumbnail

Who Gets a Seat at the Table?

Harvard Business Review

The agendas may be inchoate and the uprisings chaotic, but the message is clear: the established way of leading, ruling, governing, and managing is not working anymore. Yeaney cites three key benefits: First, the process generated "more creativity, accountability, and commitment." The effect?

COO 12