Wednesday, February 16, 2011

Fixing Capitalism








The McKinsey Global Institute recently published a piece on Capitalism for the Long Term (here). There were a number of interesting topics:
  • The misguided practice of earnings guidance
  • The link between profits and organizational performance
  • How institutional investors should step up as owners
  • Communicating with the right investors
  • Investing in sustainability
What do you think about what these four executives (in the video above) have to say? Interestingly, they didn't mention taxes, deficits or government policy. Can you believe: "Companies with a strong social mission will, in the long run, be most successful". Can any of these guys be Republicans?

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