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Podcast: HBR On Strategy
Episode: How to Build Long-Term Social Value
Description: What does it take to succeed as a business while doing well by your employees?
Harvard Business School professor emeritus Michael Beer has studied companies who invest in building long-term social value, and he says they offer some key lessons for other firms.
In this episode, he breaks down how these companies set their strategies for new products and services. As he explains: “One of the key disciplines they have is what we called forging a strategic identity. So what does that mean? It means that they, first of all, start the process of deciding wh...