Short-termism - Publications - Faculty & Research

01 Dec 2006
What Do You Think?

How Important Is Quality of Labor? And How Is It Achieved?

kinds of changes he studies have taken place over long periods of time. And they run much deeper than such things as short-term educational reform or job retraining. Why is it, then, that there is so much fear of outsourcing and... View Details

Keywords: by by Jim Heskett

22 Jul 2002
Research & Ideas

Is Performance-Based Pricing the Right Price for You?

accept greater, two-sided (price and cost) risk for added reward opportunity. Finally, performance-based pricing is not good for sellers who desperately need short-term cash flow. Because the price can only be determined after delivery,... View Details

Keywords: by Benson Shapiro; Manufacturing

11 Aug 2008
Research & Ideas

Strategy Execution and the Balanced Scorecard

strategy and operations (or tactics) are both important but they are different. The normal course of events is for companies to focus on day-to-day operations and short-term problem solving. Management meetings focus on fighting fires and... View Details

Keywords: by Martha Lagace

01 Jun 2007
What Do You Think?

How Should Pay Be Linked to Performance?

performance." Generally speaking, respondents favored schemes designed to reward long-term as well as short-term performance, encourage retention, recognize special needs of an organization, be based on the achievement of both... View Details

Keywords: by Jim Heskett

2008
Chapter

Corporate Honesty and Business Education: A Behavioral Model

By: Rakesh Khurana and Herbert Gintis

Since the mid-1970s neoclassical economic theory has dominated business school thinking and teaching in dealing with the nature of human motivation. However valuable in understanding competitive product and financial markets, neoclassical economic theory employs an... View Details

Keywords: Business Education; Ethics; Managerial Roles; Corporate Social Responsibility and Impact; Organizational Culture; Business and Shareholder Relations; Mathematical Methods; Behavior

Citation

Web

Philanthropy - Institute For Strategy And Competitiveness

Mark R. Kramer When it comes to philanthropy, executives increasingly see themselves as caught between critics demanding ever higher levels of "corporate social responsibility" and investors applying pressure to maximize short-term... View Details

11 Aug 2003
Research & Ideas

Why Budgeting Kills Your Company

compensation programs so that managers no longer have an incentive to favor short-term goals over the longer-term health of the company. By getting rid of the inflexible approach to short-term targets, you... View Details

Keywords: by Loren Gary

24 Oct 2011
Research & Ideas

The Yelp Factor: Are Consumer Reviews Good for Business?

finishing work on a case study about Airbnb, where anyone can offer a room in their house or an apartment for short-term rentals. "Compared to restaurant choice, people are taking a big risk when deciding to rent their apartment to a... View Details

Keywords: by Michael Blanding; Food & Beverage

01 Sep 2023
News

Case Study: The Home Team

Illustration by Jon Krause Illustration by Jon Krause Brendan Kennealey (MBA 2006) wasn’t even searching for a business idea. A couple of years ago, the Wilmington, Delaware, native met up with an old friend who’d bought a new house. Over dinner this friend enumerated... View Details

Keywords: Jen McFarland Flint; Real Estate

06 Jul 2016
What Do You Think?

How Do We Pay for the Costs of Globalization?

government policies, short-term corporate management thinking, the World Trade Organization (Paul saying, “Personally, I’m a long-time supporter of globalization, but the WTO decision-making process needs to be more transparent and... View Details

Keywords: by James L. Heskett; Manufacturing

01 Feb 2023
What Do You Think?

Will Hybrid Work Strategies Pull Down Long-Term Performance?

work strategies appear to be useful short-term solutions to both a massive global pandemic and, at least in the US, a talent shortage. Even so, how do you explain the contrast in attitude toward them among at least some practitioners and... View Details

Keywords: by James Heskett

22 Oct 2007
Research & Ideas

Bringing ‘Lean’ Principles to Service Industries

unlocking the power of thousands of software engineers."—Bradley Staats Staats suggests that the use of lean principles at Wipro could have qualities of a "Trojan Horse initiative." From the outside, lean accomplishes the View Details

Keywords: by Julia Hanna; Computer

01 Dec 2019
News

Remix

Some women land in a lower pay grade, weighing short-term necessity against lifelong earnings potential. All of these factors can stunt, derail, or limit women’s careers, Ammerman says, but it’s also increasingly clear that they play into... View Details

Keywords: Jen McFarland Flint; photographed by Chris Sorensen; #MeToo; DefJam; Arts, Entertainment

Profile

Charlotte MacDonald

future, Charlotte says she has "a couple of hypotheses to test. My short-term plan is to return to BCG in Toronto. I grew up in a more rural environment, with a slower economy. My long-term ambition is to return home to Atlantic... View Details

Keywords: Consulting

30 Jan 2019
Blog Post

The Life and Role of a CEO

traits/styles of successful CEOs? 1) Traits Before: Intelligence After: Awareness and judgement Throughout this course, we learned various tensions CEOs need to manage, none of which had a clear right answer (e.g., short-term vs.... View Details

Web

CSV in Practice - Institute For Strategy And Competitiveness

HBS ISC Creating Shared Value CSV Creating Shared Value CSV Explained Emerging Topics CSV in Practice Published CSV Cases CSV in Practice Creating Shared Value in Practice Not all profit is equal—an idea that has been lost in the narrow, View Details

06 Oct 2020
Sharpening Your Skills

18 Tips Managers Can Use to Lead Through COVID's Rising Waters

strategy will provide focus to information-gathering and a roadmap for decision-making. Even then, many decisions will have to be made with imperfect data. Flexibility is important. Revisit your conclusions and pivot as needed. Utilizing View Details

Keywords: by Sean Silverthorne

10 Apr 2014
Research & Ideas

John Kotter’s Plan to Accelerate Your Business

management tackle big opportunities. The accelerators are: Create a sense of urgency. Build guiding coalition. Form strategic vision and initiatives. Enlist volunteer army. Enable action by removing barriers. Generate short-term wins.... View Details

Keywords: by Kim Girard

14 Jun 2010
Research & Ideas

The Hard Work of Measuring Social Impact

Assessing an organization's impact on a large-scale societal issue such as poverty is a complex and costly effort. In the aftermath of Haiti's earthquake, for example, an organization like Oxfam America could be expected to provide data on View Details

Keywords: by Julia Hanna

Web

2018 Financial Risk and Regulation Survey - Behavioral Finance & Financial Stability

markets. The top left figure displays treasury yields at different maturities, and shows that yields, particularly short-term yields, have begun to rise over the recent time period. This is in line with expectations that the Federal... View Details

Publications