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Less Than 1% Of Unicorns Earn $1 Billion In Revenue Or Profits

The Horizons Tracker

I argued that focusing on a $1 billion valuation distracted us, and indeed founders themselves, from developing the kind of profitable and sustainable businesses that ultimately benefit society. Instead, the majority remain kept afloat by a regular flow of investment that hides the red ink gushing forth from their P&L statements.

P&L 101
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Become a Brand Renegade

Leading Blog

To do that, we had to lean into a “brand renegade” mindset and apply it to our daily operations. We prioritized how to move the industry forward as a more mainstream, P&L-focused business. With each decision, we asked ourselves what’s the best way to do something and could we make it even better.

Brand 290
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Challenging Thought-Terminating Clichés: Strategies for Organizational Change

Mike Cardus

Although these clichés might serve short-term management objectives, they often hinder long-term innovation, suppress employee morale, and foster a culture of compliance over mutual growth. Phrases like ‘Don’t rock the boat’ or ‘It’s not in the budget’ often serve to halt innovation and maintain the status quo. Robinson, H.

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Sleepless in Silicon Valley: What Keeps CEOs Up At Night

HR Digest

L-R): Anthony Horton, Chris McCarthy, Stephanie Neal In a recent interview, OpenAI CEO Sam Altman revealed a startling confession: the architect of ChatGPT, a revolutionary language model capable of holding nuanced conversations and generating creative text formats, often struggles to sleep. employees (47%) experiencing it.

CEO 52
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4 Ways Leaders Can Get More from Their Company’s Innovation Efforts

Harvard Business Review

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

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5 Ways to Help Employees Keep Up with Digital Transformation

Harvard Business Review

Coca-Cola recently reshuffled its leadership team to focus on growth, innovation, and digital. L’Oréal has made a strategic investment in Founders Factory , a digital startup accelerator. One such activity was introduced by Deb Henretta while leading P&G Asia.

P&L 13
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What A.G. Lafley's Return Means for P&G

Harvard Business Review

She holds the Ernest L. She''s an expert on strategy, innovation, and leading change. In her latest book, SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good , she analyzed how P&G (among other companies) achieved long-term performance. Why is P&G making this move, now? Asking A.G.

P&L 8