Stretch management timeframes and perspectives

Stretch management timeframes and perspectives

“Managers often trade away a company’s future for short-term gains. We have to fix this.”

Compensation and incentive systems often truncate executive time horizons and skew perspectives. For instance, research suggests that most executives wouldn’t fund a viable new initiative if doing so reduced current earnings. Building new incentive systems that focus executive attention on creating long-term stakeholder value is a critical priority for management innovation.

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When companies create quantifiable value for society as well as shareholders, those firms can be more profitable and become the foundation of a stronger portfolio. Across all investment... Read more
Hack by R.Paul Herman on May 14, 2012 1 Comments
How does one infuse principles at every level of an organization? Merriam-Webster defines permeating: “to pass through the pores or interstices of.” To infuse a principle throughout a business, its... Read more
Hack by Isaiah McPeak on May 10, 2012 4 Comments
Bilateral and multilateral donors and NGOs re-write the rules of the International Development Cooperation System to unleash the real potential of markets and the private sector to end poverty at a... Read more
Hack by Lucho Osorio-Cortes on May 16, 2012 8 Comments
At Statoil, we try to take reality seriously, not just a dynamic and unpredictable business environment, but also all the competent and responsible people in the company. It sounds obvious, but... Read more
Story by Bjarte Bogsnes on April 18, 2012 29 Comments
When determining executive performance, traditional models of CEO compensation consider relatively short time frames.  This increases the likelihood that CEOs make strategic organizational... Read more
Hack by Alex Edmans on April 12, 2012 6 Comments
What is your organization's most important asset? CEOs often respond that the organization's people are its greatest asset. But if this is true, where are people accounted for in the financial... Read more
Hack by R.Paul Herman on May 14, 2012 2 Comments
To address the urgent challenge of impatient capital and epidemic myopic short-termism, we propose a new paradigm: Soft Tenure. Soft-tenure is an innovative management paradigm that allows short-term... Read more
This submission consists of a series of hacks targeting all the three issues - values and ethics, long term vision and social responsibility. The primary intention is to urge companies to challenge... Read more
Hack by Joel Modestus on May 11, 2012 0 Comments
People used it in one way or another, from the gold rush to false bourgeois, from posh style to politics. Whether by force or law, the real name of the game in human attending to avoid responsibility... Read more
Hack by Alexandru Bodislav on February 1, 2012 0 Comments
Editor's note: Frederic opened up this hack for collaboration with MIX members. Aaron from China and  Bernd from Japan/Germany did engage through an interactive process. ... Read more
Hack by Frederic on December 23, 2011 10 Comments
Most businesses have a business strategy. At Accenture, we also have a “Human Capital Strategy” – an explicit translation of how our talent, leadership, culture and operating model can sustain our... Read more
Story by Elizabeth Hopkins on January 27, 2011 1 Comments
New socialism is the new capitalism, social media, social networks, social interaction, social conscience, social responsibility and social business - socialism. Not to be confused with anti-... Read more

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