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Rita McGrath draws on the NACD keynote for Fast Company — 'Eric Ries gave a thought provoking keynote on financial gravity'

Rita McGrath draws on the NACD keynote for Fast Company — 'Eric Ries gave a thought provoking keynote on financial gravity'

McGrath — Columbia Business School, Thinkers50 Top 10 — publishes 'Shareholder capitalism is anything but good for shareholders' in Fast Company, tracing Friedman's 1970 doctrine through buybacks, executive pay and shortening planning horizons, and setting against it firms proceeding differently: Patagonia, Costco, Wegmans, Progressive and NVIDIA. She names Eric's financial-gravity keynote at the NACD Directors Summit as one of the two sources she draws on, alongside her own work on strategic centering.

“I draw on insights from last week’s NACD (National Association of Corporate Directors) Directors Summit, where Eric Ries gave a thought provoking keynote on financial gravity, as well as my new work on how strategic centering changes incentives.” — Rita McGrath on LinkedIn
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Additional coverage

  • Fast Company — 'Shareholder capitalism is anything but good for shareholders' (2026-10-21) ↗