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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.

20 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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Change has changed.  The nature of change itself has changed.  It has become much more like a dynamic journey on a shifting landscape.  We are supposed to be In the
Hack by Mike Richardson on October 15, 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
A stockroom employee of a national-chain discount department store describes the "game" she and other front-line workers play as they observe management's questionable decisions.
Hack by Nicole Sanchez on September 18, 2010
Money-back offer – almost all products in the retail segment carry thistag.
Hack by Madhusudan Rao on August 16, 2010
To many executives and managers, books such as In Search of Excellence, Built to Last, and Good to Great have turned into a source of inspiration.  But now we know that many of the “excellen
Hack by Gideon Markman on May 30, 2010
Senior executives should spend some time "incognito" with front-line staff to find out how the company really works.
Hack by Michele Zanini on April 12, 2010

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