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Outthinkers

#132—Andrew Hill: Decoding the FT and Schroders Best Business Book of the Year Award

Dec 27, 2024
Andrew Hill, senior business writer at the Financial Times and author of books on Victorian thinkers, dives into the evolving landscape of business literature. He shares insights on this year’s FT and Schroders Business Book of the Year, exploring themes like sustainability and corporate purpose. The conversation brings up John Ruskin's perspective on modern trends, the complexities of integrating ESG principles, and the implications of a multi-stage life on work and education. Hill’s experience adds depth to discussions on profit versus sustainability.
35:48

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Quick takeaways

  • The growing focus on sustainability reflects a shift in corporate purpose from pure profit to broader societal responsibilities, prompting stakeholders to demand meaningful action.
  • Tribalism, often viewed negatively, can actually enhance collaboration and innovation within organizations by fostering a sense of community and shared goals.

Deep dives

The Evolution of Economic Growth

Economic growth has transitioned from a non-existent objective to a central tenet of modern economies due to the impacts of the Industrial Revolution. Before this period, societies functioned in a cycle of minimal change, where individuals typically lived short lives tied to agricultural labor. The revolution sparked significant advancements, establishing growth as a standard measure of success, with nations competing to achieve the highest growth rates. However, this relentless pursuit of growth has raised concerns regarding its environmental consequences and the widening gap in social inequality, highlighting the dilemma of balancing growth with sustainability.

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