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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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I have completed the process to self-publish a book I have worked on for over ten years. I have been a first line manager for over forty years.
Story by Jim McGriff, Jr. on April 28, 2021
If you have a booming business, congrats! Your personnel is growing, and so is your equipment and the accompanying technology.
Story by Mike T Deane on January 7, 2021
People are behind the world’s biggest business success stories. That’s why it’s important for entrepreneurs to focus on building the best possible team right from the start.
Story by Bhakti Rajapurkar on August 5, 2019
A supervisor in a central dispatch center is a different kind of first line management.I was given the Dispatch Supervisor job when our control center opened for our division.
Story by Jim McGriff, Jr. on March 13, 2017
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
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
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
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

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