Memo to: CEOs [Archive.org URL]

Business is at a crossroads. Scandal and recession have cast a pall on the way CEOs go about leading their companies. Three distinguished professors send this memo — Five Half-truths of Business — as a wake-up call.

The five:
1. We’re only in it for ourselves
2. Corporations exist to maximize shareholder value
3. Companies need CEOs who are heroic leaders
4. Companies need to be lean and mean
5. A rising tide lifts all boats

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