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  • 2013
  • Chapter
  • How CEOs Can Fix Capitalism

The Most Successful CEOs Come from Within

By: Joseph L. Bower
  • Format:Electronic
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Abstract

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; Management Succession; Business And Community Relations; Management Teams

Citation

Bower, Joseph L. "The Most Successful CEOs Come from Within." In How CEOs Can Fix Capitalism, edited by Raymond V. Gilmartin and Steven E. Prokesch, 124–127. Boston, MA: Harvard Business Review Press, 2013. Electronic.
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About The Author

Joseph L. Bower

→More Publications

More from the Author

    • 2020
    • Faculty Research

    Capitalism at Risk: How Business Can Lead

    By: Joseph L. Bower, Dutch Leonard and Lynn S. Paine
    • March 2020
    • Faculty Research

    Minneapolis <i>Star Tribune</i>

    By: Joseph L. Bower, Elizabeth Hansen and Michael Norris
    • January 2019 (Revised August 2019)
    • Faculty Research

    JPMorgan Chase: Invested in Detroit (A), (B), and (C)

    By: Joseph L. Bower
More from the Author
  • Capitalism at Risk: How Business Can Lead By: Joseph L. Bower, Dutch Leonard and Lynn S. Paine
  • Minneapolis <i>Star Tribune</i> By: Joseph L. Bower, Elizabeth Hansen and Michael Norris
  • JPMorgan Chase: Invested in Detroit (A), (B), and (C) By: Joseph L. Bower
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