What is *Grow the Pie* by Alex Edmans about?

*Grow the Pie* challenges traditional profit-first business models by arguing companies can maximize long-term success by creating societal value alongside financial returns. Alex Edmans introduces "pieconomics," advocating for innovation, purpose-driven strategies, and avoiding "omission errors" (missed opportunities from excessive risk aversion). Backed by data and case studies like Merck’s drug development, the book redefines corporate success as expanding value for all stakeholders.

Who should read *Grow the Pie*?

Business leaders, investors, and policymakers seeking to align profit with social impact will find actionable insights. The book also appeals to professionals in corporate social responsibility (CSR) and sustainability, offering frameworks like materiality judgments and comparative advantage to guide ethical decision-making. Students of business ethics or strategic management gain evidence-backed perspectives on stakeholder capitalism.

Is *Grow the Pie* worth reading?

Yes—Edmans combines academic rigor with accessible storytelling, using real-world examples (e.g., Vodafone’s M-Pesa mobile banking initiative) to show how purpose-driven companies outperform peers. The book’s emphasis on data over ideology and practical tools for balancing profit/social value makes it a standout in business strategy literature.

What is the “pie-growing mindset”?

This mindset prioritizes creating shared value for society rather than merely redistributing existing profits. Companies like Merck exemplify it by investing in long-term innovations (e.g., HIV drug development), while “pie-splitters” like Turing Pharmaceuticals focus on short-term gains. Edmans argues pie-growing often maximizes profit indirectly by building trust and customer loyalty.

What are key principles in *Grow the Pie*?

- **Omission errors**: Avoiding value-creating projects due to fear of failure. - **Materiality judgments**: Focusing on ESG factors that directly impact business success. - **Comparative advantage**: Leveraging a company’s unique strengths to address societal needs.

How does *Grow the Pie* address executive pay?

Edmans advocates tying executive compensation to long-term value creation (e.g., environmental milestones) rather than short-term stock prices. This aligns leaders’ incentives with sustainable growth and deters harmful practices like cost-cutting at the expense of employee welfare.

What criticisms exist about *Grow the Pie*?

Some argue the pie-growing approach underestimates trade-offs in resource allocation or relies overly on idealistic corporate behavior. Edmans counters by emphasizing data showing responsible companies often achieve superior returns, though he acknowledges challenges in measuring societal impact.

How does *Grow the Pie* apply to investors?

Investors are urged to practice stewardship—engaging with companies to improve strategy rather than divesting. Edmans highlights the “multiplier effect”: responsible investments can amplify positive social outcomes while securing financial returns.

Grow the Pie Summary, PDF, EPUB, Audio

Grow the Pie

Alex Edmans

3.95 (258 Reviews)

Business Entrepreneurship Economics

概要

主なポイント

著者

よくある質問

In "Grow the Pie," finance professor Alex Edmans challenges conventional business thinking, proving companies can deliver both purpose and profit. Endorsed as "the most significant book on business purpose yet written," it's sparked debates from Wall Street to the BBC about what truly drives long-term value.

あなたに合った学び方を探す

クイックサマリー9分

著者の声を通じて本を感じる

深堀り42分

知識を魅力的で例が豊富な洞察に変換

フラッシュカード10件の洞察

キーアイデアを瞬時にキャプチャして素早く学習

エンタメ23分

楽しく魅力的な方法で本を楽しむ

「Grow the Pie」のベストクォート

That's not altruism, that's good business.

あなたに合った学び方を探す

『Grow the Pie』は単なる本ではありません—Businessのマスタークラスです。あなたに最適な方法でレッスンを吸収できるよう、5つのユニークな学習モードを用意しています。深く考える人も、素早く学ぶ人も、物語が好きな人も、あなたのスタイルに合ったモードがあります。

クイックサマリー

『Grow the Pie』を9分で要約

『Grow the Pie』の核心的なアイデアを分かりやすいポイントに分解し、革新的なチームがどのように創造、協力、成長するかを理解します。

00:00

フラッシュカード

『Grow the Pie』から厳選した10の洞察

『Grow the Pie』を素早い記憶のヒントに凝縮し、率直さ、チームワーク、創造的な回復力の主要原則を強調します。

エンタメ

『Grow the Pie』のレッスンを23分のストーリーで

鮮やかなストーリーテリングを通じて『Grow the Pie』を体験し、イノベーションのレッスンを記憶に残り、応用できる瞬間に変えます。

00:00

パーソナライズ

あなた自身の方法で『Grow the Pie』を体験。

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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

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@djmikemoore

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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

コロンビア大学卒業生がサンフランシスコで開発

BeFreedは1,000,000+の好奇心旺盛な仲間が集うグローバルコミュニティ

BeFreedがウェブ上でどのように話題になっているかをもっと見る

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

1.5K Ratings4.7

今すぐ学習の旅を始めよう

この要約をダウンロード

Grow the Pieの要約をPDFまたはEPUBで無料でダウンロード。印刷やオフラインでいつでもお読みいただけます。

Grow the Pie

Alex Edmans

3.95 (258 Reviews)

Business Entrepreneurship Economics

概要

主なポイント

著者

よくある質問

あなたに合った学び方を探す

クイックサマリー9分

著者の声を通じて本を感じる

深堀り42分

知識を魅力的で例が豊富な洞察に変換

フラッシュカード10件の洞察

キーアイデアを瞬時にキャプチャして素早く学習

エンタメ23分

楽しく魅力的な方法で本を楽しむ

「Grow the Pie」のベストクォート

That's not altruism, that's good business.

重要なポイント

Beyond the Zero-Sum Game: A New Vision for Business

00:00

Imagine a world where businesses don't have to choose between profits and social good. Where creating value for employees, customers, communities, and the environment actually leads to superior returns for investors. This isn't just wishful thinking - it's the evidence-based reality that finance professor Alex Edmans reveals in "Grow the Pie." The fundamental problem with how we view business today stems from a "pie-splitting" mentality - the assumption that the economic pie is fixed, so any gain for stakeholders must come at shareholders' expense. But what if the pie isn't fixed? What if companies could grow the total value created, allowing both shareholders and stakeholders to benefit? Consider Merck's development of Mectizan, a drug that cures river blindness. When CEO Roy Vagelos discovered it could help millions but wouldn't be profitable, he distributed it for free. Traditional thinking would consider this a shareholder loss. Yet by 2019, Merck's stock had outperformed peers by 54%, partly because this decision attracted talented scientists passionate about solving important problems, enhanced the company's reputation with regulators, and built trust with communities. This isn't charity - it's excellence in action.

The Evidence: Stakeholder Value Creates Financial Returns

Aligning Leadership: Executive Compensation and Engaged Investors

Capital Allocation: The Truth About Buybacks

Purpose-Driven Business: From Words to Action

Our Collective Role in Growing the Pie

A Capitalism That Works for Everyone

あなたに合った学び方を探す

クイックサマリー

『Grow the Pie』を9分で要約

『Grow the Pie』の核心的なアイデアを分かりやすいポイントに分解し、革新的なチームがどのように創造、協力、成長するかを理解します。

00:00

フラッシュカード

『Grow the Pie』から厳選した10の洞察

『Grow the Pie』を素早い記憶のヒントに凝縮し、率直さ、チームワーク、創造的な回復力の主要原則を強調します。

エンタメ

『Grow the Pie』のレッスンを23分のストーリーで

鮮やかなストーリーテリングを通じて『Grow the Pie』を体験し、イノベーションのレッスンを記憶に残り、応用できる瞬間に変えます。

00:00

パーソナライズ

あなた自身の方法で『Grow the Pie』を体験。

何でも質問し、声を選び、本当にあなたに響く洞察を一緒に作り出しましょう。

コロンビア大学卒業生がサンフランシスコで開発

BeFreedは1,000,000+の好奇心旺盛な仲間が集うグローバルコミュニティ

BeFreedがウェブ上でどのように話題になっているかをもっと見る

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

コロンビア大学卒業生がサンフランシスコで開発

BeFreedは1,000,000+の好奇心旺盛な仲間が集うグローバルコミュニティ

BeFreedがウェブ上でどのように話題になっているかをもっと見る

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA

117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum

108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC

254

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful

4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon

201

"It is great for me to learn something from the book without reading it."

@OojasSalunke

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn

483

"Makes me feel smarter every time before going to work"

@Cashflowbubu

1.5K Ratings4.7

今すぐ学習の旅を始めよう

この要約をダウンロード

Grow the Pieの要約をPDFまたはEPUBで無料でダウンロード。印刷やオフラインでいつでもお読みいただけます。

「Grow the Pie」のベストクォート

「Grow the Pie」のベストクォート

おすすめの本

重要なポイント

Beyond the Zero-Sum Game: A New Vision for Business

The Evidence: Stakeholder Value Creates Financial Returns

Aligning Leadership: Executive Compensation and Engaged Investors

Capital Allocation: The Truth About Buybacks

Purpose-Driven Business: From Words to Action

Our Collective Role in Growing the Pie

A Capitalism That Works for Everyone

おすすめの本

重要なポイント

Beyond the Zero-Sum Game: A New Vision for Business

The Evidence: Stakeholder Value Creates Financial Returns

Aligning Leadership: Executive Compensation and Engaged Investors

Capital Allocation: The Truth About Buybacks

Purpose-Driven Business: From Words to Action

Our Collective Role in Growing the Pie

A Capitalism That Works for Everyone

Grow the Pie by Alex Edmans Summary

Overview of Grow the Pie

Similar books to Grow the Pie

「Grow the Pie」のベストクォート

クイックサマリーモード - 『Grow the Pie』の要約を9分で読む・聴く

フラッシュカードモード - 『Grow the Pie』から厳選した10の洞察

エンタメモード - 『Grow the Pie』のレッスンを23分のストーリーで

パーソナライズモード - 『Grow the Pie』の要約を0分で読む・聴く

Grow the PieのPDFをダウンロード

Grow the PieのEPUBをダウンロード

Grow the Pie by Alex Edmans Summary

Overview of Grow the Pie

Similar books to Grow the Pie

「Grow the Pie」のベストクォート

おすすめの本

重要なポイント

Beyond the Zero-Sum Game: A New Vision for Business

The Evidence: Stakeholder Value Creates Financial Returns

Aligning Leadership: Executive Compensation and Engaged Investors

Capital Allocation: The Truth About Buybacks

Purpose-Driven Business: From Words to Action

Our Collective Role in Growing the Pie

A Capitalism That Works for Everyone

クイックサマリーモード - 『Grow the Pie』の要約を9分で読む・聴く

フラッシュカードモード - 『Grow the Pie』から厳選した10の洞察

エンタメモード - 『Grow the Pie』のレッスンを23分のストーリーで

パーソナライズモード - 『Grow the Pie』の要約を0分で読む・聴く

Grow the PieのPDFをダウンロード

Grow the PieのEPUBをダウンロード

おすすめの本

重要なポイント

Beyond the Zero-Sum Game: A New Vision for Business

The Evidence: Stakeholder Value Creates Financial Returns

Aligning Leadership: Executive Compensation and Engaged Investors

Capital Allocation: The Truth About Buybacks

Purpose-Driven Business: From Words to Action

Our Collective Role in Growing the Pie

A Capitalism That Works for Everyone