| Strategic Management Journal
J. L. Bower and C. M. Christensen
Bower, J. L., and C. M. Christensen. "Customer Power, Strategic Investment, and the Failure of Leading Firms." Strategic Management Journal 17, no. 3 (March 1996): 197–218.
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| Harvard Business Review
Consulting on the Cusp of Disruption
Clayton M. Christensen, Dina Wang and Derek van Bever
Keywords: Disruptive Innovation;
| How CEOs Can Fix Capitalism
The Most Successful CEOs Come from Within
Joseph L. Bower
The financial crisis of 2008 and the Great Recession caused a crisis of public confidence in business and American-style capitalism, with its focus on maximizing shareholder value. Corporate leaders understood that reform was needed and that they needed to commit themselves to the dual goal of producing benefits for society and their firms' bottom lines—to creating "shared value." But the specific actions they could take to bring about this change were less clear.
This ebook offers some of the freshest thinking today on practical measures that businesses can implement to create shared value. Originally published in an online forum hosted by Harvard Business Review, it offers valuable advice about how CEOs, other senior executives, and boards of directors can work together to engage stakeholders in new ways, change their companies' values, build healthier relationships with investors, revamp incentive systems to create long-term value, and develop stronger succession plans.
Keywords: Governing and Advisory Boards;
Business and Community Relations;
| HBS Case Collection
Cummins, Inc.: Building a Home Community for a Global Company
Joseph L. Bower and Michael Norris
Division of Faculty & Research
Harvard Business SchoolSoldiers Field
Boston, MA 02163