No Pain, No Gain: Is Business Too Short-term?
Is there too much short term thinking in business planning? Hillary Clinton certainly seems to think so, and refers to what she calls 'quarterly capitalism', meaning CEOs and boards spending too much time ensuring the next three months look good on paper, at the expense of the longer term. But what does that mean for the health of businesses, jobs, markets, and economies? Simon Jack is joined by leading management guru Steve Denning, by investor and CEO Hendrik du Toit, and by a man with his eye on the Asian markets, Jupiter Asset Management's Avinash Vazirani. Together they consider whether company bosses are keeping too keen an eye on the share prices of today - and perhaps too keen an eye on their bonuses of tomorrow?