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Corporate Purpose: Monumental Change Starts With Your Leadership

CO2

In fact, long-term business viability depends on it. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world. greater annualized total shareholder return (TSR) 7.7% Every company needs a corporate purpose.

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Corporate Purpose: Monumental Change Starts With Your Leadership

CO2

In fact, long-term business viability depends on it. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world. greater annualized total shareholder return (TSR). higher operating profitability.

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CEOs Must Model the Behavior for Creating Societal Value

Harvard Business Review

CEOs can use both signals and systems as powerful levers in tilting the focus of their company toward long-term societal value creation — which will take care of their shareholders perfectly well. He changed "Market Total Shareholder Return" (M-TSR)" to "Operating Total Shareholder Return (O-TSR)."

TSR 14
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Designing CEO Pay to Drive "Good" Behavior

Harvard Business Review

If CEOs are going to operate for stakeholder value — rather than just for shareholder value — then their pay ought to be structured in a way that supports them doing so. companies receive more than half of their annual pay value in long-term incentive — typically equity — compensation. The objective?

TSR 10
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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business Review

Other firms have ventured down this path, including the conglomerate Wesfarmers , with its 200,000-plus staff, and the global hospital operator Ramsay Health Care. The latter was concerned with “measuring long-term progress in the areas of diversity and inclusion, sustainability, and culture.”

TSR 9
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Don't Blame Your Company's Poor Performance on Its Industry

Harvard Business Review

Indeed, our study shows that the biggest variations in TSR are not between industries but within them. But the TSR variations of companies within these industries were far greater: 44 percentage points in tobacco and 69 percentage points in computers and peripherals. For them, industry was not destiny. So how do the winners do it?

TSR 8
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Overcome Your Biases and Build a Great Team

Harvard Business Review

In the case of Rohm and Haas this process began in earnest in 1985 with the appointment of a Greek national, Dr. Basil Vassilou, to head our operations in Europe; followed by a Cuban, Henri Martinez, heading our Latin American operations starting in 1988; an Indian American (myself) heading up Asia Pacific operations in 1993.

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