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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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This submission consists of a series of hacks targeting all the three issues - values and ethics, long term vision and social responsibility.
Hack by Joel Modestus on May 10, 2012
The environment continues to degrade as a result of industrial activity despite various attempts to change the behaviour of organisations.
A few years back I had the opportunity to do a business simulation game and step into the shoes of the CEO of a Fortune 100 company for a couple of days.
Hack by Olivier Lavergne on November 30, 2010
Saving a distressed company requires a particular set of skills. Many confirmed executives fail as they do not know how to handle distressed teams.
Hack by Erik Van Rompay on September 21, 2010
Each company has a unique information footprint, so unique that the term “informational DNA” can be coined.
Hack by George Kobak on August 20, 2015
Money-back offer – almost all products in the retail segment carry thistag.
Hack by Madhusudan Rao on August 16, 2010
I suspect most of you are mostly familiar with CMMI as the Capability Maturity Model Integration. What about CMMI as the Corporate Management Maturity Model?
Hack by Olivier Lavergne on December 2, 2010
This statement does suggest the importance or significance of education in providing opportunities to students as well as other people.
Story by Maria S. Johnson on October 15, 2015
I was watching an interesting IMD webcast the other day where their professor of marketing was killing some myths about entrepreneurship.
Hack by Olivier Lavergne on December 2, 2010
VUCA is a very objective description of dynamics at work.First popping out in our MIX environment back in 2010 (in a short comment by Bhaskar Deb.)For each of its 4 dimensions, no need
Hack by Frederic J.Leconte on October 21, 2017

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