Beschreibung Grow the Pie: How Great Companies Deliver Both Purpose and Profit. What is a responsible business? Common wisdom is that it's one that sacrifices profit for social outcomes. But while it's crucial for companies to serve society, they also have a duty to generate profit for investors - savers, retirees, and pension funds. Based on the highest-quality evidence and real-life examples spanning industries and countries, Alex Edmans shows that it's not an either-or choice - companies can create both profit and social value. The most successful companies don't target profit directly, but are driven by purpose - the desire to serve a societal need and contribute to human betterment. The book explains how to embed purpose into practice so that it's more than just a mission statement, and discusses the critical role of working collaboratively with a company's investors, employees, and customers. Rigorous research also uncovers surprising results on how executive pay, shareholder activism, and share buybacks can be used for the common good.
Grow pie how great companies deliver both purpose and ~ How great companies deliver both purpose and profit: Alex Edmans LBS article, Oct 2019; Companies need to grow the pie, not worry about how to split it: Board Agenda, Nov 2019; ESGâs implications for investors: ETF Stream, Dec 2019; How confirmation biases distort reality: Unmessable Podcast, Jan 2020
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Alex Edmans / Speaker / TED ~ Edmans was previously a tenured professor at Wharton, where he won 14 teaching awards in six years. At LBS, he won the Excellence in Teaching award, LBS's highest teaching accolade. His book, Grow the Pie: How Great Companies Deliver Both Purpose and Profit, will be published as Cambridge University Press's lead business title in early 2020.
Why Purpose-Driven Companies Succeed, with Alex Edmans of ~ Serving society and turning a profit arenât mutually exclusive. As this professor of finance uncovered, focusing on purpose helps companies succeed. Alex Edmans is Professor of Finance at London Busi
Purpose Series: A Purpose-Driven Brand Is A Successful Brand ~ Theofilou: Purpose and profit are not mutually exclusive. Companies that stand for something bigger than just what they sell typically deliver higher levels of commercial success because they mean .
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