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Adapt Your Strategy to Higher Interest Rates

Harvard Business Review

With the cost of capital back to normal levels, it’s simply irresponsible not to make it a management discipline that changes the way you do business. That staggering difference attests not just to the value created by managing with economic profit, but also to the value squandered by ignoring it.

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Business Needs to Do What Government Can't

Harvard Business Review

We're moving towards innovation in technology, pricing, business models and partnerships," explains head of corporate responsibility management, Dorje Mundle, of the company's base-of-the-pyramid operations. Breakthrough Finance. Zeitz is also rolling out the EP&L across the holding group PPR.

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

Harvard Business Review

Nobody writes a paean to the search for 9 percent EPS growth. Wouldn't it be more personally rewarding for them — and all the layers of management beneath them — to build and lead fundamentally more profitable organizations (versus maximizing short-term profits)? Moreover, pure growth targets are even wackier right now.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. Earnings-per-share (EPS) growth: Difference between EPS growth and true earnings growth.

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Firms Are Wasting Millions Recruiting on Only a Few Campuses

Harvard Business Review

I saw this first hand while researching the hiring practices of top-tier investment banks, management consulting firms, and law firms. These organizations, also known as elite professional service (EPS) firms, have some of the most well-developed and longstanding on-campus programs.

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The 6 Ways Business Leaders Talk About Sustainability

Harvard Business Review

For example, in the 1990s, leading businesses like 3M adopted concepts like eco-efficiency, focusing on saving and making money through the better management of materials, energy and waste. 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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What Would Happen if the U.S. Stopped Requiring Quarterly Earnings Reports?

Harvard Business Review

Over the years, I have heard from plenty of managers who have lamented that the pressure of quarterly earnings targets imposes a heavy toll on their ability to focus on the long term. Some of the managers actively advocate doing away with quarterly reporting. Moreover, twice yearly reporting would make companies less transparent.

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