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The Answer to Short-Termism Isn’t Asking Investors to Be Patient

Harvard Business Review

Short-term corporate behavior is a major problem in the 21 st century firm. Too many companies prioritize quarterly earnings over long-term innovation, human capital investment, and brand development, and many people believe short-term shareholders are to blame. Tim Evans for HBR. So how can we ensure the latter?

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What Younger Workers Can Learn from Older Workers, and Vice Versa

Harvard Business Review

What we asked people was, at this point in their lives, are they actively building, maintaining, or depleting their tangible and intangible assets? Actively building both tangible and intangible assets is crucial to creating a long and productive working life. Over 10,000 people completed it. Both are crucial.

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The Case for Stock Buybacks

Harvard Business Review

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. Moreover, the claim that buybacks weaken companies long-term isn’t borne out by the data. over the next four years.

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How to Navigate a Digital Transformation

Harvard Business Review

Taking a clear look at your starting point will enable you to understand your strengths and weakness, and identify the long-term habits that you will need to shift and eventually transform your business. Second, make a complete inventory of all your organization’s assets.

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Why Family Businesses Come Roaring out of Recessions

Harvard Business Review

We found that family businesses handily outperformed non-family companies during both the 2001 and 2008 recessions in terms of a key metric, Tobin’s q. and is likely to grow more in the future than one with a lower Tobin’s q.) . and their social concerns shot up from 4.2

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Profiting from the Golden Rule

Harvard Business Review

Even accounting rules specifically dealing with reputation — goodwill and intangible assets — are subject to frequent rule changes and endless debate. And the mathematics of long-term financial success — revenues, profits, cash flow — square perfectly with this scorecard. Bettinger is not alone.

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CVS’s Lesson: Carpe Diem

Harvard Business Review

And finally, highly reputed companies are more stable, which means they have higher market valuation and stock price over the long term and greater loyalty of their investors, which leads to less volatility. So why doesn’t every company do what CVS did? CVS, I hope, has shown us the future. Health Risk management Sustainability'