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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.

17 Stories
63 Hacks
4 Barriers

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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Vested interest exists. This means an individual has a special interest in protecting or promoting that which is to their own personal advantage.
Story by Jim McGriff, Jr. on February 16, 2016
My name is not Victoria.Although I am willing to share secrets too.This hack is a guide to find your way through a grid of 30 hacks and stories.Some sort of "Serial MIXer Hacker" confessions.Mixing id
Hack by Frederic J.Leconte on November 22, 2014
Repeated instances of corporate and institutional neglect should evoke better attentiveness toward a reconsideration of authentic responsibility.
Hack by John Roth on September 30, 2016
Identify those things which do not focus on the goal of creating and thriving and either get rid of them or minimize them as much as possible.
Hack by Kevin D. Jones on July 18, 2011
Have you ever had the experience of running from one meeting to the next all day long?  Using your lunch "break" as the only time to get your actual work done?
Hack by Ben Biddle on October 23, 2013
  Cost (in production, research, retail, and accounting), is the value of money that has been used up to produce something, and hence is not available for use anymore (Wi
Hack by Emeka Ikwukeme on January 25, 2015
I know as a first line manager communication is the key to our success. It has always been so. In the past communication was more difficult.
Story by Jim McGriff, Jr. on June 28, 2016
Bruce Wayne, George Lucas, and the team at Polaris industries have all conceptualized one of a kind vehicles built for power and speed.
Story by Lin Ling on December 8, 2015
If you stop and think about how you think, or if you look in the proverbial mirror and try to identify what you “see” – more than likely you are framed around what you are familiar and comfortable wit
Hack by Matthew Sagaser on October 26, 2015
On Face the Nation, March 28, 2016, Secretary John Kerry was asked his approach to the gaps in our knowledge of terrorism. He replied that, “Well, there's great urgency.
Story by Jim McGriff, Jr. on April 12, 2016

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