Jason Levine
Premium
join:2001-07-13
Albany, NY
| reply to en102
Re: Nasty
Minor correction on the first item on your list. Most corporations are looking out for short term bottom line.
This is because that growing your business slowly and steadily won't please your investors/stock holders. Also, many executives will "company hop" so they want to maximize the company's earnings while they are there. The executive doesn't care if this just sets the company up for a big crash, they'll be safely on to the next company with millions.
It would be like a pilot on a commercial jetliner trying to get his route done faster. When he saw that his speed was going to lead to the engines blowing out, he would merely strap on a parachute and jump out safely without any cares as to the dozens of people aboard (employees, stockholders) who didn't have parachutes.
Very few companies buck the trend and grow their business slow and steady. (I think Google is one.)
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-Jason Levine
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en102
Canadian, eh?
join:2001-01-26
Valencia, CA | True... companies are really into short term (quarterly) profits and results. Its a time vs. money equation.
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Canada = Hollywood North |
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