Fundamentals of strategy and value creation

Most companies allocate the same resources to the same business units year after year. That makes it difficult to realize strategic goals and undermines performance. Here's how to overcome resource-allocation inertia.

Companies find growth enticing, but a strong return on invested capital is more sustainable.

If you internalize the real odds of strategy, you can tame its social side and make big moves.

A company’s ratio of debt to equity should support its business strategy, not help it pursue tax breaks. Here’s how to get the balance right.

Joint research from FCLTGlobal and McKinsey highlights the behaviors that can help corporate leaders and board directors sidestep pressures and stay focused on the long term.

Whether tech-enabled or old-school, proposed projects and initiatives need to be assessed according to the cash flows they generate. The trick is getting the base case right.

Emotions can drive market behavior in a few short-lived situations. But fundamentals still rule.

Shareholder-oriented capitalism is still the best path to broad economic prosperity, as long as companies focus on the long term.