Memo to CEOs: There’s more to managing than profits (21:18)
Michael Porter, a Harvard professor and expert on U.S. competitiveness, says chief executives must shift their thinking away from simply making money to also considering how their companies’ actions affect the nation. Porter also tells Impact Players host Robert Wolf that the government must simplify regulation and reduce the corporate tax rate if it wants to be a global competitor. Wolf is an outside adviser to President Obama. (January 23, 2013)
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