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Business Needs to Do What Government Can't

Harvard Business Review

How easy is it to change a flawed economic or governance system, such as our current 1.5-planets-and-counting We'd see more corporate social responsibility, socially responsible investing and sustainability reporting, but overall the outcome would be little more than a set of patches on the existing, dysfunctional system.

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Managing in an Age of Winner-Take-All

Harvard Business Review

Consider management actions such as cutting jobs and investment as a response to currency fluctuations and the resulting accounting impact of those cuts on earnings per share (EPS). The digital revolution — the “mother of all technology developments”— marks a fork in the road.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

To help provide a better factual base for this debate, MGI, working with McKinsey colleagues from our Strategy & Corporate Finance practice as well as the team at FCLT Global, began last fall to devise a way to systemically measure short-termism and long-termism at the company level. rate for other companies.

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4 Ways CEOs Can Conquer Short-Termism

Harvard Business Review

Fred Lynch, CEO of Masonite, a 92-year-old company that manufactures interior doors and entry door systems, created a long-term value creation thesis that he called the Masonite “blueprint.” Bertolini observed that many of his peers had been promising 15% earnings per share (EPS), even during the financial crisis of 2009.

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The 6 Ways Business Leaders Talk About Sustainability

Harvard Business Review

But this single-minded focus can be a major problem when it comes to tackling slow-building, systemic challenges, like global warming, that could take down not just supply chains but, over time, entire economies. For anyone with a pension linked to market performance, that is a good thing. The Time Frame.

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