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Bill George

Harvard Business School Professor, former Medtronic CEO

Articles

Star Tribune: Why Earl Bakken’s Legacy Will Enhance Minnesota For Years To Come

Bakken was always two decades ahead of his time, causing many people to doubt his ideas, but he never wavered, Bill George writes. Earl Bakken’s death on Oct. 21 at his beloved Hawaii home sent reverberations back to Minnesota. He leaves behind a powerful legacy that will impact Minnesotans for generations to come. Having known…

Integrative Health Philanthropist Earl Bakken Bids Adieu at 94

“Earl Bakken was a man and a legend.” So wrote integrative medicine philanthropist Penny George in a e-note following news that the founder of the now $27-billion Medtronic had died at 94 in his home on his beloved island of Hawaii. “Earl is also a testament to integrative care. He accumulated a number of serious health problems with which…

Agenda: Bill Takes Aim At Directors, Corporate Governance

Bill Takes Aim at Directors, Corporate Governance Companies in the United States and their directors are fixated on one thing, according to Senator Elizabeth Warren (D-Mass.): maximizing shareholder returns to the detriment of other stakeholders in the company. To address this, Warren recently introduced a bill that would require directors to consider all major stakeholders, not just…

Lead True: Authentic Leadership Rediscovered

Following Your True North through Real-World Challenges My New eBook – Published September 12, 2018 Lead True, my new eBook, is now available for FREE download. To get your copy, follow the link at the end of this article. I decided to make it free so more leaders like you will read it. My only…

Forbes: Discover Your True North

For any leader at any level in any organization, clarity of purpose is a critical ingredient of success. In other words, you must know where you’re headed and why you’re headed there. A compass provides the ideal metaphor. Just as a compass points toward a magnetic field, your personal “true north” directs your path and…

CNBC: Tesla’s Real Problem Isn’t Its Shareholders

After a flurry of activity with bankers, investors and the Tesla board, Elon Musk announced last Friday that he had changed his mind and Tesla would continue to be a public company. Musk should stop worrying about beating the short sellers and focus entirely on rebuilding Tesla’s depleted leadership ranks. Tesla board needs to be…

CNBC: Senator Elizabeth Warren’s Proposal to Remake American Capitalism is Flawed at its Core

Senator Elizabeth Warren on Wednesday proposed The Accountable Capitalism Act – new federal legislation requiring corporations to consider the interests of employees and other stakeholders as well as shareholders. Warren’s legislation is based on the belief that CEOs have abandoned all stakeholders other than shareholders. In principle, Warren’s ideas sound good, but they are based…

CNBC: Trump’s Trade War Will Raise Prices for Consumers and Could Trigger a Recession

Relatively free trade has enabled consumers to purchase myriad products at much lower prices. This has given American consumers a much higher standard of living in a time of limited wage growth. There is a reasonable probability that the combination of inflation and higher interest rates resulting from a trade war will throw the U.S….

Forbes: Will The Real Elon Musk Please Stand Up?

By Brittain Ladd This article was originally posted on Forbes.com on 7/17/18. Elon Musk is quickly garnering a reputation for being more petulant and irritating than inspirational and worthy of praise. Stung by criticism that his mini-submarine designed to rescue the team of boys trapped in a cave in Thailand wouldn’t work, Musk sent out a Tweet…