Grow the Pie Grow the Pie

Grow the Pie

How Great Companies Deliver Both Purpose and Profit

    • 3.7 • 3 Ratings
    • $24.99
    • $24.99

Publisher Description

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.

GENRE
Business & Personal Finance
RELEASED
2020
March 26
LANGUAGE
EN
English
LENGTH
565
Pages
PUBLISHER
Cambridge University Press
SELLER
Cambridge University Press
SIZE
6.7
MB

Customer Reviews

MsLynnYap ,

Packed with research, complemented with practical ideas

I thoroughly enjoyed this book: inspirational and packed with thorough academic papers that show two sides of the story. The framework presented for companies to create impact while delivering on their purpose and making a profit is practical and addresses the oft repeated limitation expressed by business leaders, “I need to meet shareholders’ expectations”. I also appreciated that it referenced other related economic theories on the topic, including Friedman’s “shareholders’ interests are paramount”, and presented how the Grow the Pie framework is different. A highly recommended reading in this current times!

More Books Like This

Fixing the Game Fixing the Game
2011
The Portable MBA The Portable MBA
2010
The Blue Line Imperative The Blue Line Imperative
2013
Figuring It Out Figuring It Out
2022
Lessons from Private Equity Any Company Can Use Lessons from Private Equity Any Company Can Use
2008
Fair Pay, Fair Play Fair Pay, Fair Play
2010

More Books by Alex Edmans

May Contain Lies May Contain Lies
2024
Grow The Pie Grow The Pie
2023

Customers Also Bought

Justice Justice
2009
CEO Excellence CEO Excellence
2022
How to Avoid a Climate Disaster How to Avoid a Climate Disaster
2021
No Rules Rules No Rules Rules
2020
Think Again Think Again
2021
Caste Caste
2020