Providing solutions – and hope – for a world in crisis. We must change the rules to bring business back into balance with the planet.
It is possible to create a better, more sustainable future. But only if we act with urgency – and in concert with one another. This belief has driven Rebecca’s work for the last ten years and is at the heart of her latest endeavor: “Reimagining Capitalism in a World on Fire,” (Hachette, 2020) a soon-to-be-published book that spells out how business can become a critical ally in the battle to rethink capitalism.
A prominent economist and influential professor (The John and Natty McArthur University professor at Harvard), Rebecca is one of the world’s most articulate, insightful and persuasive scholars focused on driving large-scale change. A leading authority in organizational and strategic change for more than thirty years, today her research, teaching and speaking centers on purpose-driven capitalism and the role that business leaders at every level can play in reimagining our current system.
In the classroom, Rebecca inspires her students in “Reimagining Capitalism,” the most successful MBA elective course launched at HBS in the last five years. She also teaches in HBS’ Executive Education program. Additionally, she is a Research Fellow at the National Bureau for Economic Research, a sustainability advisor to several of the world’s largest companies, and a board member at Amgen and IDEXX Laboratories, both S&P 500 Companies. Now she’s bringing her ideas mainstream. “Reimagining Capitalism” (Hachette, 2020) offers both a new intellectual framing and a plausible path forward for a capitalism that has lost its commitment to freedom and prosperity in the single-minded pursuit of maximizing shareholder value.
Ideas for advancing innovation, sustainability and economic transformation
Reimagining Capitalism (2020)
It’s the most successful economic system to have ever existed, but capitalism is in danger of destroying itself – and our world. Reimagining Capitalism gets to the heart of what’s wrong with modern capitalism and lays out a pragmatic roadmap for how business can help to catalyze the systemic change we need to build a capitalism that works for everyone.
Leading Sustainable Change: An Organizational Perspective (2015)
Business leaders are increasingly pressured to transform their companies into sustainable organizations – not just by an environmentally conscious public but by investors as well. Through a sequence of case studies, including IBM, DuPont and Cemex, this book shows readers how to lead impactful change.
Accelerating Energy Innovation: Insights from Multiple Sectors (2011)
From agriculture to IT, our world has seen many transformations that have improved our quality of life. This National Bureau of Economic Research report shows how a mixture of government policy and private sector initiatives have driven rapid change across a wide range of industries, and how a similar set of policies can be used again to transform our energy markets, addressing the looming threat of climate change while making energy more sustainable and affordable over the long term.
Connect with Rebecca
For those who are interested in thinking more about the purpose of the corporation, the British Academy is hosting a two day summit on the “Future of the Corporation” that you might enjoy. https://t.co/YZvpLUN1F65 people are talking about this
RT @Elizdo: It is great to see companies re-thinking political spending policies in response to the current crisis. Such reviews could cre…5 people are talking about this
We’re at a critical moment for our democracy: business must step up. Here are some ideas as to how: https://t.co/hgbGGk7g4K58 people are talking about this
What a moment. You might enjoy Youngme, Felix, Mihir and I reflecting on what the heck is going on. Friends talking to friends in a crazy time. https://t.co/JwOJHh2O6J1 people is talking about this
A wonderful — and truly terrifying — piece by my colleague John Macomber on the risk of a collapse in the housing market due to unpriced climate risk…
https://t.co/nyJHbKOcnC20 people are talking about this
This is ground breaking – and hopeful! 170 business leaders, including a number of major CEOs, the US Chamber of Commerce and the National Assoc. of Manufacturing — all coming out publicly in support of the “essential tenets of our democracy.”. https://t.co/8KAS7tdh9m4 people are talking about this
Ok — I’m deeply honored to be included in this list. But mostly I’m delighted that it arrives in time for me to relax over the holiday break watching what look to be a hugely interesting set of talks… https://t.co/8eIWMwErti3 people are talking about this
An industry led initiative to create a million great jobs for Black Americans in ten years. I have a friend on the inside and he promises me that this is much more than virtue signaling… here’s hoping this catalyzes real progress…
https://t.co/xvK9Flf0yh0 people are talking about this
Here’s their site — with all their recent research. One piece suggests that for a significant number of firms, a reasonable estimate of the environmental damage they cause is greater than their entire profits.
https://t.co/C5VSnJnaSd3 people are talking about this
This is a great summary of the world changing work my colleague George Serafeim is doing through the Impact Weighted Accounts Initiative. Well worth a look. https://t.co/0xb3vPkVKT18 people are talking about this