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Two Factors that Determine When ESG Creates Shareholder Value

Harvard Business

The paper “Corporate Sustainability: First Evidence on Materiality,” published in 2016, marked a significant shift in perceptions of corporate sustainability. It demonstrated that focusing on financially material ESG (environmental, social, and governance) factors positively impacts portfolio returns and shareholder value.

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Is Behavioral Economics Used in Business?

Steve Shu Consulting

Back in 2010, I was part of a team that started one of the early behavioral finance centers with one of the investment manufacturing firms in the United States. I wrote a book, Inside Nudging: Implementing Behavioral Science Initiatives in 2016, mostly to help bridge the gap between science and the application in business.

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business

Just as striking is her description of Uber’s HR organization, which advised Fowler that because the manager in question was a high performer, HR did not feel comfortable punishing him. By early 2016 there were 20 HR business partners, covering almost 6,000 employees.

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Finance Can Be a Noble Profession (Yes, Really)

Harvard Business

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. These are rich questions that do not yield to simple analysis.

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Two Powerful Ways Managers Can Curb Implicit Biases

Harvard Business

Many managers want to be more inclusive. For the most part, managers are not given the right tools to overcome the challenges posed by implicit biases. But this demands a lot of cognitive energy, so over time, managers go back to their old habits. PATRIK STOLLARZ/Getty Images. But they don’t know how to get there.

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How Companies Are Already Using AI

Harvard Business

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Could Liberate 50% of Managers' Time. Disclosure: Microsoft is a TCS client.). Related Video.

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How Blockchain Is Changing Finance

Harvard Business

In 2016 blockchain companies raised $400 million from traditional venture investors and nearly $200 million through what we call initial coin offerings (ICO rather than IPO). The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. ” Others are sure to follow suit.

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