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5 Leadership Signals that Turn Culture into Advantage

Skip Prichard

All that corruption helped them hit quarterly EPS targets. It will help you determine how to change your “broadcasts” in a more systemic way. So many of the things leaders do that create lousy cultures are decisions that produce quick payoffs. That’s what Wells Fargo did. But it’s not sustainable. 5 Leadership Frequencies.

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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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Yes, Short-Termism Really Is a Problem

Harvard Business Review

Those in Clinton’s camp include the venerable Aspen Institute, which produced a 2009 call to arms arguing that corporations’ short-term objectives corrode the “foundation of the American free enterprise system.” ” A Review of Relevant Studies.

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

Harvard Business Review

Is there a better distillation of the serious problem with our economic system? Nobody writes a paean to the search for 9 percent EPS growth. Ten billion in three months is historic, but as the New York Times reported, " analysts were not impressed.". Moreover, pure growth targets are even wackier right now.

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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). Share buybacks are preferred to investment in innovation, entrepreneurship, and value creation.

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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.

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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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