Corporate Purpose?

Fortune magazine reported that on August 19, 2019, the Business Roundtable announced a new purpose for the corporation. Why did this 300-word, not particularly specific (and certainly not binding on anyone) declaration receive such widespread attention? Why should HBS students care? What might it mean for business and society? In short, is this a big… Continue reading Corporate Purpose?

The Future of Heroic Hong Kong

Hong Kong residents are experiencing unsustainable angst and anxiety because of perceived encroachment by mainland China and unaddressed ambiguity regarding their fate post-2047; Xi Jinping must formally provide clarity to alleviate the situation, and soon. On Wednesday, September 4, 2019, Hong Kong Chief Executive Carrie Lam decided to permanently withdraw the 2019 Hong Kong extradition… Continue reading The Future of Heroic Hong Kong

Remaking Capitalism: The Work of Our Generation

Recently, the Business Roundtable released a new definition of the purpose of corporations. Tarun Galagali (MBA ’21) offers his thoughts on how we might use the pledge to go from reimagining capitalism to remaking it. Just about two weeks ago, a consortium of America’s most powerful CEOs signed a commitment to “[modernize] the principles on… Continue reading Remaking Capitalism: The Work of Our Generation