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April 26, 2012


WHY PROFIT MAXIMIZATION SHOULD BE A FIRM'S ONLY FOCUS


There’s a lot of talk these days about a new kind of business leadership that tempers self-interest and corporate rapacity with social sensitivity and compassion. The idea implies a false dilemma, and it’s leading people, and firms, astray.

 




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“A business leader can prioritize profit above all else, but a modern and enlightened leader will balance the quest for profits with the desire to help people and to make positive contributions to the community and environment.”

That sentiment, or something close to it, is becoming increasingly common. Sometimes it’s called the “Triple Bottom Line”, referring to a balance of “profit”, “people” and “planet.”

It leads people astray because it starts from a false premise: it counts profits, compassion and social responsibility as competing considerations, when in fact compassion and social responsibility are prerequisites of profit maximization.

Read the whole article...

 


3 signs your business needs expert help


April 24, 2012

When do you call in a pro? It’s a tough question that business leaders face on an ongoing basis. So when do you pull the trigger and call in a fixer? This guest post we wrote for BMO outlines some signs that “now” is the answer.

10 things keeping you from achieving exponential growth


February 21, 2012

Too many businesses struggle just to keep the lights on when they should be seeing substantial growth. In this guest post we wrote for BMO we list some common causes you need to watch out for.

5 signs a business plan is dead on arrival


February 9, 2012

It’s not hard to understand why there’s so much controversy over business plans. Most aren’t very good. Here are five sure signs a business plan is pure fantasy. This is a post we wrote for BMO, and is hosted on their site.


10 ways you're telling your customers you hate them


January 31, 2012

Keeping an existing customer happy is much easier and less expensive than finding a new one. So why do we tell our most loyal customers, in a hundred different tiny ways, that we wish they would just go away? This is a post we wrote for BMO, and is hosted on their site.


6 ways to boost working capital


January 25, 2012

There are many benefits to having more working capital. You can be more flexible in responding to unexpected challenges, you can support faster growth and you’ll sleep better at night. Here are some straightforward tips to free up cash.

Older blog posts...


 
 
 


You can build a structure without an architect, but don’t get too ambitious. The same goes for your business. A blueprint that precisely describes the end product and how it will be achieved is critical for success.

If you need to:
Raise money
Restructure efficiently
Sell the company
Launch products 
Enter new markets
Build effective teams
Increase profitability 
Grow geometrically
or just figure out what to do next, Gravitas provides the analysis, answers and materials to solve problems and achieve objectives.
 

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