Market relationships have changed mightily in the last decades. Measures of corporate success that once seemed pretty straightforward — scale, integration, captive channels — often backfire. In their stead, companies now coexist in networks and ecosystems.
If you want to create investment strategies that are sustainable over time, you have to evaluate companies and their industries differently. The very notion of “sustainability” has evolved, and can now include issues far beyond “green” topics, such as how companies manage intellectual property or their reputational risk from issues such as obesity.
With Oddo & Cie analyst Sébastien Thévoux-Chabuel, let’s discuss:
- What is really different about today’s investment environment?
- How has “sustainability” evolved over time?
- What is a “keystone” company? How is it different from a “dominator”?
- How should we be evaluating them? What measures matter most?