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A CEO's summer guide to protecting profits
A CEO's summer guide to protecting profits

Economist

time10-07-2025

  • Business
  • Economist

A CEO's summer guide to protecting profits

Illustration: Brett Ryder M ID-JULY is the time to bare it all. On the beach, this involves swimwear that, au fait with the latest fashion, varies in skimpiness from extreme to disturbing. In the boardroom, it consists of a ritual of corporate exhibitionism known as the summer earnings season. Results from the second three months of the year will trickle out over the next few weeks. Back in April it looked on course to be a distinctly awful quarter. President Donald Trump had just launched his trade war, sending stockmarkets down and bond yields up. Bottom lines were imperilled by rising costs and slowing economic growth. Think walking around in tiny Speedos makes you feel naked? Try fielding analysts' questions about plunging profits on an earnings call. Opinion Columns Business Schumpeter Corporate governance They have won a respite from China, but face growing pressures in America The top position at Elon Musk's social-media platform is open once again Our analysis suggests it depends on what sort of culture bosses want Human relations are a useful way to think about brands The Amazon founder's semi-retirement plan

Who needs Accenture in the age of AI?
Who needs Accenture in the age of AI?

Economist

time26-06-2025

  • Business
  • Economist

Who needs Accenture in the age of AI?

Illustration: Brett Ryder W HO IS consulting good for? Consultants, obviously. Chief executives, who can blame failure on bad outside advice and take credit for successful counsel. Also, for the industry's one listed behemoth, its shareholders. Between the start of 2015 and the end of 2024 Accenture, which split off from its accounting sibling in 2000 and went public a year later, generated a total return (including dividends) of around 370%, handily outdoing not just the S & P 500 index but also Goldman Sachs and Morgan Stanley, rival redoubts of advisory smugness. As America's stockmarket climbed to an all-time high in February, the firm was worth $250bn, more than either investment bank. Opinion Columns Artificial intelligence Business Schumpeter This article appeared in the Business section of the print edition under the headline 'Will AI take out Accenture?' Corning's boss is a corporate stalwart with a passion for glass Trustbusters have been poking their noses into it Suppliers, once far more profitable than auto firms, are struggling Unless superintelligence is just around the corner The platform, now up for sale, has made a smutty business far more lucrative They are winning customers at home and abroad

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