Unilever boss Paul Polman believes the traditional shackles of business must be shaken off Bloomberg/GettyShortly after Paul Polman was appointed chief executive of consumer goods giant Unilever in 2009, he made an announcement that shook the City: he scrapped both the issuing of guidance and quarterly reporting. He wanted to remove the temptation to work only towards the next set of numbers and instead focus on the long-term future of the business. This tallied with his focus on sustainability and environmental imperatives. Polman argued that leaders can make the right decisions on the biggest challenges facing the business world — and the planet — only if some traditional shackles of commerce are shaken off.

Source: The Times September 17, 2016 23:02 UTC