It's time to reinvent management. You can help.

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.

Filter By:
This response specifically focuses on how compensation systems could be rebalanced to provide incentives for long-term value creation along with short term performance.
Hack by Andrew Burner on April 27, 2012
TINO - Consultancy that solves problems with much fewer advisors and consultants  In recent years I have met with a great number of consultants.
Hack by Haim Dror on July 24, 2011
Organisations are constantly looking for new and innovative ways to implement performance management systems – to find the magic combination of tools that will assist managers to truly inspire and mot
Hack by Joanna Matthew on May 24, 2011
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
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
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

Pages