
Sign up to save your podcasts
Or


it sounds like the set up for a bad comedy routine: What is the role of morality in business -- business ethics -- today?
But in an age where reputation matters – where a business’ brand and customer connections can be ruined almost faster than you can “Tweet this” – not just understanding, but doing, the right thing is more than nice… it’s a business imperative.
But what is “the right thing?” For example, how should businesses balance social benefit with bottom line revenue? For whom does a business operate? And is there a place for morality in the boardroom?
My conversation today is with someone who sits, as they say, in the room where it happens. Jules Coleman is one of the nation’s preeminent moral philosophers. For years, he was the Wesley Newcomb Hohfeld Professor of Jurisprudence and Professor of Philosophy at Yale Law School. He then became the Senior Vice Provost for Academic Planning at New York University. Today, Coleman serves on a number of corporate boards as a Senior Strategic Advisor, bringing his decades of theoretical thought and analysis to the practical application of global business.
For Private Equity, last year was a rocket ship. Five years of record-level fund-raising left the industry flush with capital: So called Dry powder – uncommitted funds sitting ready to invest -- hit a record high of $1.7 trillion. And for good reason. Even if PE firms found something to buy, chances are it was pricy: Buyout purchase price multiples rose to new highs. Meanwhile, with nearly 8,000 PE firms registered globally, the challenges to standout continue to grow.
So what’s next for Private Equity? How should GPs think about fundraising, investments, exits and more? What role will technology play – how can GPs be sure they’re not investing in the next industry to be disrupted? And what about LPs – what questions should they be asking as they look for new and better places to seek returns?
To find out, I spoke with Tim O’Connor, Partner in the Private Equity Group at Bain & Company.
For Private Equity, last year was a rocket ship. Five years of record-level fund-raising left the industry flush with capital: So called Dry powder – uncommitted funds sitting ready to invest -- hit a record high of $1.7 trillion. And for good reason. Even if PE firms found something to buy, chances are it was pricy: Buyout purchase price multiples rose to new highs. Meanwhile, with nearly 8,000 PE firms registered globally, the challenges to standout continue to grow.
So what’s next for Private Equity? How should GPs think about fundraising, investments, exits and more? What role will technology play – how can GPs be sure they’re not investing in the next industry to be disrupted? And what about LPs – what questions should they be asking as they look for new and better places to seek returns?
To find out, I spoke with Tim O’Connor, Partner in the Private Equity Group at Bain & Company.
As we consider the various challenges any nation faces, teaching our children – preparing them with the tools required to be successful, active players in a continually evolving society – is likely one of the most important and hardest.
For anyone in the workplace, the question of how to move to the next level is complex and often personal. As leaders and managers seek higher responsibility and authority and impact, we often find that the very skills that got us to where we are now aren't especially useful in moving forward.
For anyone in the workplace, the question of how to move to the next level is complex and often personal. As leaders and managers seek higher responsibility and authority and impact, we often find that the very skills that got us to where we are now aren't especially useful in moving forward.
It is impossible to have followed Education for the last 40 years and not know Chris Whittle. He’s a serial education entrepreneur – a “reformer,” as he puts it – and as you’ll hear, he’s not done yet.
In our continuing discussions on Davos – looking not only at what happened at The World Economic Forum’s annual meeting recently, but perhaps more importantly, what business leaders globally might expect its ongoing impact to be – we spoke with Roberto Quarta.
Quarta is a longtime partner with Clayton, Dubilier & Rice and serves as Chairman of CD&R Europe, based in London. He also is Chairman of global media giant WPP, as well as Chairman of Smith & Nephew, a FTSE 100 listed global medical devices firm. Among many other roles, Quarta also previously served as Chief Executive and then Chairman of BBA Group.
Quarta is, clearly, no stranger to global business… nor, as you’ll hear now, to Davos.
From the publisher's feed