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  • All HBS Web  (1,338)
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  • All HBS Web  (1,338)
    • People  (1)
    • News  (174)
    • Research  (889)
    • Events  (6)
    • Multimedia  (6)
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  • 01 Oct 1996
  • News

The Drive for Excellence: An Interview with Jim Henderson

short-term results with adherence to a long-term strategy and direction. At Cummins, we are driven by the concept of maximizing shareholder value -- but the question is, View Details
  • 01 Dec 2022
  • News

Singing to the Corn

layoffs. Even so, I remember someone pointing at me in a bar, and we hustled out of there. It certainly left a taste in my mouth of the power of strategy and thought, but I felt really bad about it.” The tension between straight-ahead View Details
Keywords: Julia Hanna; photographed by Vance Jacobs; Agriculture
  • 01 Jun 2024
  • News

Alumni and Faculty Books

PepsiCo COO Grace Puma and former Nike President of Consumer Direct Christiana Smith Shi show women how to maximize their career journeys, get paid what they’re worth, navigate the shifts that occur in any company, build a leadership... View Details
  • 01 Jun 2008
  • News

Kash Rangan

CSR often cite Milton Friedman, who famously said that “the social responsibility of business is to increase profits.” Do you agree? I absolutely think it’s too narrow a view. In the decade of the ’90s, maximizing View Details
Keywords: Roger Thompson; Finance
  • 11 Mar 2021
  • News

Leading with Heart

speaks to Ranjay Gulati—his former college classmate and his eventual HBS Executive Education professor—about how Panera has faced the myriad challenges of the pandemic, the leadership values that guide him, and how a deep, personal loss... View Details
  • 01 Sep 2010
  • News

Reinventing the Annual Report

and customer satisfaction, factors that contribute to revenue growth. So how can shareholders and other stakeholders know if a company’s commitment to a sustainable society is contributing to a sustainable strategy that will create View Details
Keywords: Robert G. Eccles
  • 01 Sep 2011
  • News

Capitalism’s False Mantra

one that has little chance of getting better with the current theories in place,” Martin writes. Clearly, maximizing shareholder value has not worked and needs to be replaced.... View Details
Keywords: Sean Silverthorne; Publishing Industries (except Internet); Information; Management
  • 19 Feb 2010
  • News

The MBA Oath Debate

After months of glowing press accounts, the MBA Oath, a voluntary HBS student-crafted pledge that asks graduating MBAs to commit to the creation of value “responsibly and ethically,” has hit a media rough patch. Critics now see little... View Details
Keywords: Roger Thompson; Business Schools & Computer & Management Training; Educational Services
  • 24 Jul 2018
  • News

How Amy Hood Won Back Wall Street and Helped Reboot Microsoft

with investors? After Ballmer left, the relationship with Wall Street needed tending to. The shares had given up a third of their value during his tenure, even though sales almost quadrupled. Fritz Foley, who attended Harvard Business... View Details
  • 01 Jun 1997
  • News

Blockbuster Deals

"For several years, the cover of one conglomerate's annual report actually bore the legend '2+2=5' in large type under the company's name. They wanted you to believe that the firm's value was greater than the sum of its parts, that a... View Details
Keywords: Garry Emmons and Nancy O. Perry
  • 15 Nov 2016
  • News

Cultivating the Next Generation of Thought Leaders

Further, Serafeim shows that because investors have such a keen interest in tracking ESG performance, up to 60 percent of a company’s value may stem from nonfinancial data. Classroom discussions often energize associate professors and... View Details
  • 11 Jun 2015
  • News

Making connections at Harvard and beyond

organizations, and ideas—at the Business School and beyond—in ways that will maximize their positive impact on the world. “One of the things I admire most about our graduates is their tendency to go wherever there are opportunities to... View Details
  • 01 Dec 2019
  • News

What’s Behind the Explosive Growth of Sustainable Investing?

it happen in practice. That’s on the private market side. On the public side, the question is how you can influence the behavior of a company to reflect your values, or protect the long-term value of your investment—or both—while only... View Details
Keywords: Jen McFarland Flint
  • 01 Apr 2002
  • News

Dot Vertigo

organizations, Nolan says, technology has so thoroughly penetrated every aspect of the business that its activities, strategies, and functions have become transparent, thereby circumventing any possibility of the disorienting dot vertigo (symptoms of which include lack... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services
  • 09 Dec 2021
  • News

Higher Returns

hit me like a ton of bricks. It was a headline in the New York Times that said "Shareholder value was no longer everything, top CEOs say." That was the headline. It was 8/19/19. I refer to that day in the book as the day the View Details
  • 01 Dec 2001
  • News

BOOK: You Can't Enlarge the Pie

taught to analyze the likelihood of various consequences, these students learn that the best decisions are those that minimize expected costs and maximize expected benefits," the authors write. The best decisions typically are those that... View Details
Keywords: Publishing Industries (except Internet); Information; Colleges, Universities, and Professional Schools; Educational Services
  • 01 Aug 2001
  • News

T.J. Dermot Dunphy (MBA '56)

globalization, and a devotion to creating value for stockholders, he eschewed elements of conventional corporate thinking and job security. "If you create an atmosphere of trust that starts with shareholders... View Details
Keywords: Alumni Achievement Award; Management
  • 01 Jun 1998
  • News

Diversity and Community

diversity issues, notes, "Even companies that once were mostly interested in hiring women and minorities either out of a sense of moral obligation or merely to comply with the law now see the value that comes from broadening the... View Details
Keywords: Garry Emmons
  • 01 Sep 2012
  • News

Hierarchy's Last Stand

underperform and be overcompensated. A caricature, but sadly still true: consider the enormous pay packages for CEOs in companies that lose money. Shareholder protests (such as those in the United Kingdom), voting against compensation... View Details
Keywords: Rosabeth Moss Kanter; Corporate Services
  • 22 Feb 2022
  • News

Savings and Loam

working-class people to earn interest on their savings, and become part owners in the process. “This is a model that was designed for stakeholder value, although people didn’t call it that 200 years ago,” Cummings notes. But there’s new resonance in the modern era, “at... View Details
Keywords: Jen McFarland Flint; Funds, Trusts, and Other Financial Vehicles; Finance
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