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Business Needs to Do What Government Can't

Harvard Business Review

Most of us would say it's exceptionally hard, particularly when power is concentrated in a few incumbent companies with deeply rooted vested interests. But this focused power may be a benefit, not a risk. Breakthrough Finance. Zeitz is also rolling out the EP&L across the holding group PPR.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

In recent years we have learned a lot about the causes of short-termism and its intensifying power. Earnings-per-share (EPS) growth: Difference between EPS growth and true earnings growth. Quarterly targeting: Incidence of beating or missing EPS targets by less than two cents.

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The 6 Ways Business Leaders Talk About Sustainability

Harvard Business Review

Firms like these have created tools like Environmental Profit & Loss (EP&L) statements and Social Return on Investment (SROI) to capture a more complete picture of their businesses. 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 Apple Should Do with Its Massive Piles of Money

Harvard Business Review

I know that finance professors at business schools throughout the nation teach MBAs and executives that, for the sake of economic efficiency, a company should “maximize shareholder value.” I disagree with this priority. Yes, Apple already has some sustainability initiatives in its supply chain and other areas. But it can do much more.