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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. Partnering: getting ideas from start-ups. GE has actively created several “ecosystems” with start-ups.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select.

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Obama Gave a Monumental Climate Change Speech, But It's Still Not Enough

Harvard Business Review

Improving energy efficiency standards for things like appliances and federal buildings, a worthy follow up to the aggressive auto fuel efficiency standards passed last year. But the plan we have on the table isn''t fully up to the task we face. Talk about our deep need to change how we operate fundamentally, but for the better.