Warren Valdmanis (Author) Warren Valdmanis is a partner at Two Sigma Impact, a private equity business that invests in the American workforce. He was previously a managing director with Bain Capital's social impact fund, and before that invested with Bain Capital's private equity team for over a decade. He grew up in Canada and has lived and worked in Australia, Chile, France, Hong Kong, Japan, South Africa and the United States. Warren studied economics at Dartmouth College and earned his MBA from Harvard Business School. He lives with his wife, Kristin, and their four children in Portland, Maine. Michael O'Leary (Author) Michael O'Leary is a managing director with the impact investing firm Engine No. 1. Previously, he was on the founding team of Bain Capital's social impact fund and invested in consumer, industrial and technology companies through Bain Capital's private equity fund. Michael studied philosophy at Harvard College and earned his MBA from the Stanford Graduate School of Business. He lives in New York.
The authors have been at the forefront of thinking on how markets and business can better serve society for many years. Accountable captures not only the history that underpins modern-day corporate purpose, but its present and future. The central message-that capitalism can and must be part of the solution to society's greatest challenges-has never been more important * Martin Whittaker, CEO of JUST Capital * For decades the dominant view has been that the purpose of companies is to make money for their shareholders. No more. Combining compelling examples and analytical insights, O'Leary and Valdmanis explain why the world is changing and provide a roadmap for how shareholders and citizens can and must transform the corporate landscape to save capitalism from itself * Oliver Hart, Harvard University, Nobel Laureate in Economics, 2016 * In today's reality, business represents a picture of dysfunctionality, of excesses benefitting the few, of gross injustice. Tomorrow's business leaders have an obligation to create a different reality reflecting our better hopes and inspirations. Accountable takes you on that journey. It's a wonderful trip * Peter Georgescu, Chairman Emeritus of Young & Rubicam * Solving our biggest social and environmental problems means reshaping the role that businesses play in our society. This informative book addresses the challenges we face in achieving this crucial transformation * Sir Ronald Cohen, Chair GSG (Global Steering Group for Impact Investment) * Striking in its clarity and insights borne from the authors' experience as investors on the frontlines of capitalism's excesses and potential. The case studies of some of the best-known companies and investors don't pull punches while offering tangible examples of the changes in culture and rules of the game required for a new type of capitalism * Daniella Ballou-Aares, CEO and Co-Founder of the Leadership Now Project * Unwilling to settle for easy answers or superficial changes, O'Leary and Valdmanis push us all to ask more of our economic system * United States Senator Michael F. Bennet * More than ever before, this is the book our economy needs * Dr. Rajiv J. Shah, President of The Rockefeller Foundation * Presents a fresh, balanced, highly readable and deeply informed case for how the pursuit of sustained financial success and the exercise of social responsibility to employees, consumers and society not only can-but must-go hand in hand if we are to have the world we seek in the future. I learned a lot * John Pepper, former Chairman and CEO of P&G * A thoughtful, well researched and compelling way to rethink how to assure that prosperity and fairness are linked * Deval Patrick, Former Massachusetts Governor *