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CEOs Don’t Care Enough About Capital Allocation

Harvard Business Review

.” A quarter century later, not much seems to have changed: fewer than five out of the 100 CEOs on HBR’s 2014 list of best-performing CEOs even mention “return on capital” on their official biography — and none of those five lead companies listed in the Dow Jones Industrial Average (DJIA) or in the EuroStoxx50.

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The Irish Banking Crisis: A Parable

Harvard Business Review

He also founded Bubblegeneration, an agenda-setting advisory boutique that shaped strategies across media and consumer industries. Though the money supply did contract sharply, neither trade, commerce, nor industry came to a grinding halt. Imagine all the veins in your body suddenly shrinking and collapsing — Avada Kedavra!!

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The Irish Banking Crisis: A Parable

Harvard Business Review

Here's what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. Tags: Economy Finance Global business.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Firms in these industries and their customers who thereby benefit from lower prices (admittedly through processes they never see) benefit greatly. Economists and finance. Economists and big data. Admittedly, better pricing of options has been a mixed blessing.