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The power of momentum

By admin / June 26, 2020

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Jim Collins stated that a company does not go from good to great overnight but by relentlessly pushing a giant heavy flywheel in one direction, building momentum until a point of breakthrough. The power of momentum is evident in the Harvard Business Review’s (HBR 2017) ranking of the world’s best CEO’s. Judged solely on the basis of financial performance the top leader would be Amazon’s founder Jeff Bezos. However the rankings are now based on not just financial but also on environmental, social and governance (ESG) metrics. This resulted in Bezos coming in at number 71. According to the HBR researchers, the use of ESG information is driven by financial rather than ethical motives.

In today’s turbulent world, how should the success of CEOs be evaluated?
What are the challenges of focusing on just financial metrics to the long term success of organisations?
What are the
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