Harvard Business Review

APRIL 2, 2018

Because patients regularly change insurers, any individual insurer has less incentive to commit to investing in an expensive, high-value treatment if the return on investment could end up accruing to a competitor. Similar approaches could be used to help finance high-value health care investments that otherwise would be unaffordable.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

MARCH 22, 2018

By thinking of a company’s culture as a form of investment subject to market failures, we can better understand why companies sometimes tolerate misconduct, and why they can’t always fix it on their own. Market Failures and Misconduct Risk. The justification for this attention comes from relatively simple economics.

Company 10

Company Banking Incentives Human Capital 10

Harvard Business Review

SEPTEMBER 15, 2017

Conventional wisdom is that CEOs buy back stock to manipulate the short-term stock price. They fund the buyback by cutting investment, and so firm value suffers in the long-term. It boosts prices in the short run, but the real way to boost the value of a corporation is to invest in the future, and they are not doing that.”

Short-term 8

Short-term Long-term Intangible Assets Rate of Return 8

Harvard Business Review

JANUARY 24, 2012

Baruch Lev teaches accounting and finance at NYU's Stern School of Business. Baruch Lev: Investors' resentment, after the worst stock market decade in recent history, numerous accounting scandals and managerial pay abuses, is at all-time high and is very damaging. Remember, the vaunted long term is a succession of short terms.

Short-term 12

Short-term Long-term Parcell Incentives 12

Harvard Business Review

JANUARY 13, 2014

T-Mobile is basking in the limelight courtesy of masterful marketing and an aggressive promotion launched last week. Since early last year, T-Mobile has spearheaded what I call a value war — as opposed to a price war — in the wireless market. But what’s really generating buzz is the fourth largest U.S. T-Mobile uncoupled these fees.

Price 8

Price Wireless Finance Airlines 8

Harvard Business Review

DECEMBER 21, 2011

Finance puts the systems in place to track the money coming in. Marketing designs the promotional campaign. A sales model that pays salespeople almost entirely on commission and gives them exclusive "ownership" of customers often works for a while for products in unsaturated markets. Your R&D group develops a unique new product.

Company 14

Company Market Penetration Long-term Short-term 14

N2Growth Blog

AUGUST 5, 2010

Do you ever wonder how the term “Politically Correct&# evolved from an obscure catch-phrase that was once used to label those who would not take a controversial position to the dominant mind-set of the day in our society? The first step in solving the problem is to deal in whole truths, not untruths or partial truths.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

MAY 20, 2014

Hathaway and Litan stay close to the data in this work and stop short of speculating about causes of this trend. financial services sector went from 13,000 of independent banks to half that number, while the top ten banks grew from 20% market share to 60%. As of 2013, the top ten banks had 70% of the market. So allow me.

Pharmaceuticals 9

Pharmaceuticals Banking Chemicals Entrepreneur 9

Harvard Business Review

AUGUST 28, 2017

First, individuals focus on short time horizons and thus underprepare for future threats. In short, the insurance industry is adapting in order to profit from climate risk, and in doing so it will help society adapt as well. Hayek , economists have emphasized the central role that price signals play in markets.

Insurance 9

Insurance Real Estate Industry Bond 9

Harvard Business Review

DECEMBER 7, 2017

These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. It is tough to beat the market and over long periods of time indexing has been shown to outperform most active managers. But what’s the role of investors?

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

DECEMBER 14, 2017

Since 1980 half of Americans have been stuck in place—their wages in real terms haven’t budged—while the top 20% have seen large gains. It’s nonsensical to blame people for “poor choices” or a lack of financial literacy when their volatile economic circumstances would challenge the skills of a finance MBA.

Short-term 8

Short-term Long-term Proposal Outsourcing 8

Harvard Business Review

SEPTEMBER 5, 2016

Severn Trent Water, among other UK water companies, has agreed to “outcomes-delivery incentives” with the regulator Ofwat that results in rewards and penalties if it meets or fails to meet, respectively, performance commitments. There are management tools and incentives in place to encourage a focus on results and the end goals.

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

JANUARY 13, 2014

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” And short-term numbers at that. In the end, your shareholders, the real ones—the ones who care about long-term performance — will thank you for it.

Levitt 10

Levitt Christensen Competitive Advantage Welch 10

Harvard Business Review

JUNE 26, 2014

Argentina lost big to a group of American “vulture” hedge funds in court last week, when the Supreme Court declined to reconsider an appeals court decision that the funds had the right to demand that the country make good on a bunch of old bonds they owned even though it long ago renegotiated the terms of that debt with most creditors.

Bond 8

Bond Long-term Short-term Finance 8

Harvard Business Review

OCTOBER 3, 2011

In my latest book, Fixing the Game: Bubbles, Crashes, and What Capitalism can Learn from the NFL , I wrote about the negative impact of executive stock-based compensation on corporate short-termism. Eliminating stock-based compensation would help reduce the incentive for executive leadership to focus on the short term.

Long-term 14

Long-term Company Short-term Hedge 14

Harvard Business Review

JULY 12, 2016

In contrast, fair marketing and advertising of products are very important for companies in these sectors. The high percentage of proposals on immaterial issues is further evidence that investors aren’t only motivated by short-term profit. Less so for financial institutions or healthcare companies.

Proposal 8

Proposal Short-term Advertising Hedge 8

Harvard Business Review

SEPTEMBER 10, 2013

A good idea faces so many obstacles en route to market today that it''s a wonder we have any innovative products at all. They illustrate the range of programs that companies should be implementing to stimulate innovation and shepherd ideas toward marketable products. Finance Innovation' It''s like that. Ready to Innovate?

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

SEPTEMBER 10, 2013

A good idea faces so many obstacles en route to market today that it’s a wonder we have any innovative products at all. They illustrate the range of programs that companies should be implementing to stimulate innovation and shepherd ideas toward marketable products. Finance Innovation Insight Center_Innovation no-intromercial'

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

FEBRUARY 26, 2013

An "earn-your-way" strategy is sometimes necessary in markets with high uncertainty or when a company is cash-strapped. But when leaders take this conservative growth approach even when there is reasonable certainty of success and available financing, they undersize their sales forces and forfeit opportunity.

Company 8

Company Short-term Long-term Cost 8

Harvard Business Review

JANUARY 25, 2016

After the deepest recession in a generation, the United States labor market has seen a steady and strong increase in jobs, with the unemployment rate falling from 10% in 2009 to 5% in December 2015. I was one of many who advanced this idea 15 years ago in the context of free trade and job loss, but the idea wasn’t new then.

Insurance 8

Insurance Offshoring Long-term Policies 8

Harvard Business Review

DECEMBER 9, 2010

Shiller had already circulated his devastating demonstration that asset prices were much too volatile to be explained by fundamentals, and the 1987 market crash had provided an object lesson in panic. Behavioral finance stayed on the margins. But the short run still matters too. And nothing happened. It's not wrong.

Decisionmaking 14

Decisionmaking Short-term Long-term Reference 14

Harvard Business Review

JANUARY 6, 2011

It's also been said that the company's value tops media giant Time Warner's, but that's only if you ignore the value of Time Warner's long-term debt; throw that in and the companies' enterprise values seem to be pretty much equivalent — which is still pretty amazing.) As markets become frictionless (i.e., decimalization.

Long-term 15

Long-term Short-term Marketing Cost 15

Harvard Business Review

DECEMBER 13, 2017

This has been a remarkable year for the markets. Some argue that profits are stagnant because of short-termism—that decades of focusing on current profits over long-run innovativeness has resulted, now, in companies that are hollowed out. MirageC/Getty Images. The S&P and the Dow indexes are up 18% and 19%, respectively.

Short-term 8

Short-term Decentralization Company Trends 8

Harvard Business Review

DECEMBER 13, 2013

In terms of lasting influence and impact, then, it’s hard to think of many other living business leaders (Sergey Brin and Larry Page? In finance, that’s a pretty hard case to make. That all worked okay for a few years, but during the bear market of the 1970s business turned ugly and Bogle’s new partners forced him out.

Finance 8

Finance Crisis Motivation CEO 8

Harvard Business Review

OCTOBER 6, 2011

By competing on products, we respond to the market. By competing on serving customers, we can understand, anticipate, stimulate, and influence market demands. CEOs and boards: Esquel's governance and incentive structure allow it to persistently embrace and pursue the values described above.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

OCTOBER 18, 2011

Its weaknesses, like short-termism, speculative trading, absentee ownership, profit- and shareholder-centric orientation, inability to account for non-monetary value, exploitation of labor, and extractive use of natural resources are creating too many disruptions across the globe for the model to survive. treating suppliers as partners).

CEO 11

CEO Incubator Supply Chain Entrepreneur 11

Harvard Business Review

MAY 27, 2015

If policymakers hope to be successful in their efforts to promote entrepreneurs and small businesses, they need to know what works – in short, they need a “Playbook” for small business job creation. A Main Street small business might require a term loan from a bank to buy a piece of equipment.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

NOVEMBER 9, 2012

They would leverage their scale, reach and efficiencies to explore new products, markets, geographies and business models. That is almost the same as their operating income for the year. Clearly, they would change the sourcing mix to lessen this impact.

Short-term 8

Short-term Budgeting Policies Incentives 8

Harvard Business Review

SEPTEMBER 19, 2016

Over the past 18 months, Sergey’s experience has been echoed in offices in Ukraine, South Africa, Turkey, Brazil, and many other emerging markets that have faced substantial currency depreciation due to the drop in commodity prices and the flow of capital to the U.S. Normally, MNCs raise prices in the emerging market, (e.g.,

Price 8

Price Globalization Depreciation Marketing 8

Harvard Business Review

FEBRUARY 7, 2017

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. We’ve seen companies such as Unilever, AT&T, and Amazon succeed by sticking resolutely to a long-term view.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

DECEMBER 6, 2016

companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. In short, tax rates are lower for companies in practice than in theory, and the distinction between the U.S. In short, while it is hard to identify a competitiveness problem, the U.S. And in practice, the foreign income of U.S.

Finance 8

Finance GDP System Short-term 8

Harvard Business Review

SEPTEMBER 28, 2015

But while this notion is uncontroversial in finance, it is disruptive in health care (and education ) where we tend to exaggerate the importance of immediate costs and take a myopic view of benefits. These approaches unambiguously reduce short-run spending. Short-termism is not restricted to drugs; it pervades all of health care.

Health Care 8

Health Care Short-term Insurance Long-term 8

Harvard Business Review

MARCH 15, 2012

The Weinberg trademarks, which became the Goldman trademarks, were (1) hard-nosed prudence, (2) an extreme emphasis on the partnership , with partners generally able to make serious money only after decades at the firm, and (3) the long-term cultivation of relationships with business executives and politicians.

Hedge 13

Hedge Long-term Banking Short-term 13

Harvard Business Review

FEBRUARY 8, 2013

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. Similarly, Amazon doesn't succeed because its people apply broad marketing expertise. Unfortunately, however, most cross-functional teams fall far short of delivering truly differentiating capabilities.

Supply Chain 8

Supply Chain Real Estate Short-term Merchandising 8

Harvard Business Review

DECEMBER 4, 2015

For many years, private-sector providers and other business interests have responded to a combination of patients’ actual needs and market opportunities while trying to optimize earnings. By contrast, nearly every program at Parkland “loses” money (if you think in typical hospital-finance terms).

Health Care 8

Health Care Innovation Insurance Cost 8

Harvard Business Review

MARCH 14, 2016

The term “unicorns,” coined, in 2013, by Aileen Lee, founder of Cowboy Ventures , is commonly used to identify venture-backed private companies valued at $1 billion or more. Financed by VC firms. billion in a single round of equity financing, the largest private fundraising round for a VC-backed startup ever.

Company 8

Company Succession Analysis Entrepreneur 8

N2Growth Blog

SEPTEMBER 24, 2010

Therein lies my caution…I’m fearful that people who don’t have the experience or intuition to read between the lines of a short quote, or a 140 character Tweet, might be misled by the simplicity of the appeal. _After all, culture is defined by the behaviors that are incented and repeated inside your company.

Blog 366

Blog Strategy Brand Bottom-up 366