The idea that our attention spans are shortening has been around for quite a while. With so much information and so many channels competing for our clicks, we find it harder to focus on one thing for ...
On and on I’ve written about “short-termism,”– with some sympathy – the idea that US companies as a group underinvest in capital expenditures and R&D in favor of more immediate shareholder gains.
In my new The Week column, I continue my exploration of “short-termism” by Corporate America — or what Hillary Clinton would call “quarterly capitalism.” As I wrote: … short-termism might be an actual ...
Eric Cantor worked with short-term thinkers in Congress. Got beat by short-term thinkers in 2014. And took a job in investment banking that handsomely rewards short-term thinking. The former House ...
There is only one valid definition of a business purpose: to create a customer. – Peter Drucker, The Practice of Management (1954) When pressures are mounting to deliver short-term results, how do ...
I apologize for the intervening gap between my last Alpha Wounds post about the active quality of passive investment management and this one. Given the length of the wait, let me dive straight into ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Ron Shaich speaks candidly about his success, about how the ...
To understand one way that the financial system fails the people it is meant to help, consider the story of three hypothetical sisters — triplets. Processing Content Each sister earned the same salary ...
You remember, of course, that last month, the president, on his way out of town for the weekend, tossed out to reporters the idea of eliminating quarterly reporting. (See this PubCo post.) The ...
AS AMERICA’S economy has misfired over the past decade, several grand theories have emerged about what went wrong. Economists fret about secular stagnation, debt hangovers and whether demography ...
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