Readers of Strategic Finance are familiar with the continuing research from the Center for Strategy, Execution and Valuation in the Kellstadt Graduate School of Business at DePaul University that focuses on understanding how high-performance companies create long-term sustainable value in spite of the headwinds of disruptive forces, turbulent economic and regulatory conditions, and distractions caused by the pressures of
short-termism when companies focus too much on short-term results to the detriment of long-term strategy.
American investors, and thus the companies in which they invest through public stock markets, are allegedly characterized by excessive "
short-termism"--that is, their demand for quick returns undercuts long-term investment.
The crisis was the product of escalating
short-termism in financial markets.
Then why is branding being pushed aside and
short-termism continuous to take centre-stage in marketing agenda?
Campaign spokesman Noel Dolphin said: "We have campaigned against the cancellation of electrification to Swansea by the UK Government as the worst type of
short-termism, and are delighted that the Transport Select Committee is recommending that electrification to Swansea is reconsidered.
"The US is evidently demonstrating
short-termism, inventing an enemy out of nothing instead of seriously fighting with terrorism and other real threats," the statement added.
short-termism may encourage corporate maneuvers to prop up short-term
It urged the leaders to urgently move to a new model of inclusive growth and development, saying reliance on GDP as a measure of economic achievement is fuelling
short-termism and inequality.
Top of the list was a centre-back, but there is no
short-termism at City these days, and he was not locked in meetings with Pep Guardiola, chief executive Ferran Soriano and football director Txiki Begiristain just to figure out what would happen in January.
"Managers are battening down the hatches, prioritising controlling costs over investing in development, particularly in their staff, but this
short-termism feeds a vicious downward cycle.
I am dismayed by this
short-termism. However, we cannot take the high ground.