Harvard Business Review

OCTOBER 13, 2015

This puts downward pressure on stock prices because with lower EPS growth, shareholder expectations of future growth drop, lowering EPS multiples and hence stock prices. At that point, Wall Street will dance for joy because EPS will grow from its lowered base. Actually, it is relatively easy.

EPS 8

EPS Short-term Cost of Capital Long-term 8

Harvard Business Review

DECEMBER 30, 2013

Leadership roles are given to those who also look and act the part, who manifest “executive presence” (EP). According to CTI research , EP constitutes 26% of what senior leaders say it takes to get the next promotion. Across the board, 56% of minority professionals feel they are held to a stricter code of EP than their Caucasian peers.

EPS 13

EPS Diversity Innovation Bottom-up 13

Harvard Business Review

JANUARY 22, 2014

Top jobs are given to those who also look and act the part, who manifest “executive presence” (EP). According to new CTI research (PDF) , EP constitutes 26% of what senior leaders say it takes to get the next promotion. And the feedback that might help them do so is markedly absent at all levels of management.

EPS 8

EPS Diversity Self-aware Execution 8

Harvard Business Review

APRIL 5, 2017

If a company has beat or missed its EPS targets by less than two cents , that means the company has nipped and tucked its quarterly results just enough to meet the target EPS number it committed to analysts. Of these, the last indicator is perhaps the most likely to accurately capture a company’s short-termism.

EPS 9

EPS Metrics Depreciation Short-term 9

Skip Prichard

AUGUST 25, 2019

All that corruption helped them hit quarterly EPS targets. So many of the things leaders do that create lousy cultures are decisions that produce quick payoffs. That’s what Wells Fargo did. But it’s not sustainable. Ultimately, lousy cultures put reputations and actual business performance at great risk. 5 Leadership Frequencies.

Competitive Advantage 98

Competitive Advantage Leadership Analysis Tips 98

Harvard Business Review

JULY 17, 2014

Moving up in an organization depends on looking and acting like a leader, on being perceived as having “executive presence” (EP). According to research from the Center for Talent Innovation (CTI), EP constitutes 26% of what senior leaders say it takes to get to the next promotion.

EPS 8

EPS Hypercompetition Diversity Constraint 8

Harvard Business Review

FEBRUARY 9, 2011

within large corporations) identified when asked what contributed to, or detracted from, "executive presence" (EP) at their firm. Indeed, half the women surveyed and 37% of the men considered appearance and EP to be intrinsically linked; they understood that if you don't look the part of a leader, you're not likely to be given the role.

EPS 15

EPS Banking Handbook Micromanagement 15

Harvard Business Review

OCTOBER 23, 2015

These organizations, also known as elite professional service (EPS) firms, have some of the most well-developed and longstanding on-campus programs. In the EPS world, on-campus “school lists” have two tiers, based largely on prestige. ” How It Works — and How “Regular” Applicants Get Ignored.

EPS 8

EPS Diversity Banking Reputation 8

Harvard Business Review

FEBRUARY 24, 2017

Bertolini observed that many of his peers had been promising 15% earnings per share (EPS), even during the financial crisis of 2009. ” Bertolini and his team studied the industry and concluded that a reasonable target was no more than 6% EPS. . Bertolini knew that such unrealistic targets would create problems.

CEO 9

CEO Short-term Long-term EPS 9

Harvard Business Review

FEBRUARY 4, 2013

PUMA has led the field; its then-CEO Jochen Zeitz conceived an Environmental Profit and Loss (EP&L) for the company with PwC and Trucost. Zeitz is also rolling out the EP&L across the holding group PPR.

EPS 8

EPS Innovation CEO Pharmaceuticals 8

Harvard Business Review

JUNE 3, 2016

Iger announced that in the first quarter of this year , Disney “delivered the highest quarterly earnings in the history of our company, marking our 10 th consecutive quarter of double-digit EPS growth.”

Creativity 8

Creativity Franchising Succession Film 8

Harvard Business Review

OCTOBER 9, 2015

For many, buybacks are an explicit, ongoing part of their EPS growth formula (for example, 5% from organic growth, plus 3% from acquisitions, plus 2% from stock buybacks equals the desired double-digit EPS number). Executives respond by underinvesting in long-term growth and buying back stock.

Hedge 8

Hedge Short-term Long-term EPS 8

Harvard Business Review

NOVEMBER 1, 2011

Nobody writes a paean to the search for 9 percent EPS growth. If you believe the best-selling business books from the last 25 years, companies are "In Search of Excellence" or trying to go from "Good to Great." Moreover, pure growth targets are even wackier right now.

GAAP 9

GAAP Short-term P&L EPS 9

Harvard Business Review

OCTOBER 16, 2014

Whether done as a DOMR or ASR, the purpose of such buybacks is to give manipulative boosts to a company’s earnings per share (EPS) to help drive up its stock price. Executives can use them to increase their gains from stock-based pay. The problem for Icahn as an outsider is that he cannot know when Apple is actually doing a DOMR or ASR.

Safe Harbor 9

Safe Harbor Hedge EPS Price 9

Harvard Business Review

OCTOBER 17, 2017

Firms like these have created tools like Environmental Profit & Loss (EP&L) statements and Social Return on Investment (SROI) to capture a more complete picture of their businesses. Meanwhile, Al Gore’s Generation Foundation sees sustainability as the new engine of economic growth.

Morale 8

Morale EPS Supply Chain Politics 8

Harvard Business Review

MAY 6, 2016

.” In his letter, Fink added that he wanted to see company bosses “more focused…on demonstrating progress against their strategic plans than a one-penny deviation from their [quarterly] EPS targets or analyst consensus estimates.”

Long-term 8

Long-term Incentives Short-term Management 8

Harvard Business Review

APRIL 7, 2015

Consider management actions such as cutting jobs and investment as a response to currency fluctuations and the resulting accounting impact of those cuts on earnings per share (EPS). Share buybacks are preferred to investment in innovation, entrepreneurship, and value creation.

Management 8

Management Drucker EPS Short-term 8

Harvard Business Review

JANUARY 30, 2013

With Amazon, though, nobody emphasizes EPS. As he and two co-authors wrote in 2008 : The emphasis on earnings per share as the primary driver of share price and hence of shareholder value creation, to the exclusion of almost everything else, diverts resources away from investments whose payoff lies beyond the immediate horizon.

Training 10

Training Bond Christensen Long-term 10

Harvard Business Review

OCTOBER 20, 2014

Therefore, rather than using corporate cash to boost Apple’s earnings per share (EPS) immediately, executives should be willing to wait for the stock-based incentives to generate higher earnings through innovation.

EPS 11

EPS Innovation Incentives Supply Chain 11

Harvard Business Review

MARCH 17, 2011

Words like "productivity," "efficiency," and "innovation" are defined by goal posts of our own creation: number of units shipped, revenue and profit, EPS and shareholder return. Lots of businesses run this way.

EPS 15

EPS Strategy Reference Execution 15

Harvard Business Review

FEBRUARY 7, 2017

Earnings-per-share (EPS) growth: Difference between EPS growth and true earnings growth. We hypothesize that long-term companies are less likely to overindex on analyst metrics like EPS and less likely to consistently take actions (such as share repurchases) that boost EPS.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

OCTOBER 11, 2016

They modify their appearance, body language, and communication style — all components of executive presence (EP), that intangible element that defines leadership material. ” More than half (53%) of Latinas and 44% of Latinos say that EP at their company is defined by conforming to traditionally white, male standards.

EPS 8

EPS Banking Diversity Bottom-up 8

Harvard Business Review

JUNE 21, 2017

Some companies buy back shares to boost earnings per share (EPS) by shrinking the number of outstanding shares. The perceived pressure from the investment community, combined with executive compensation that’s tied to earnings growth, fuels the obsession with near-term EPS.

EPS 8

EPS Company Offshoring Price 8

Harvard Business Review

SEPTEMBER 6, 2018

If nothing else, President Trump’s initiative might begin a much-needed conversation about how firms can move beyond simplistic quarterly EPS targets towards a deeper discussion with their stakeholders about their long-term plans for creating real value.

Report 8

Report Intangible Assets Short-term EPS 8