Harvard Business Review

AUGUST 27, 2015

Deloitte attributes this fall in part to rising competitive intensity, as a result of new technologies and lower entry barriers. So although you might expect that in a hypercompetitive environment, ambitious companies would constantly wrest market share from the leading firms, the reality is quite the opposite.

ROIC 8

ROIC McKinsey GDP Company 8

Harvard Business Review

DECEMBER 8, 2010

Perhaps the most basic economic institution is GDP. And unfortunately, it's also one of the most in need of radical institutional innovation. When GDP's updated to reflect environmental costs, so must be corporate income statements — otherwise, the math simply won't work. But to the newcomers, let me explain what I mean.

GDP 16

GDP Hypercompetition IPO Information 16

Harvard Business Review

FEBRUARY 16, 2011

Incentives shape human behavior — and overcounting benefits and undercounting costs is a surefire way to blunt our incentives to innovate, to take on ambitious goals, and create real value. Innovation atrophy. The more Enronian GDP "grows," the steeper the eventual bill of underpaid costs and overbought benefits to be paid.

Incentives 15

Incentives GDP Hypercompetition Self-aware 15