I see a future where businesses are judged based upon the long-term value they create rather than quarterly financial reports or short-term dividends and profit numbers. Too much emphasis is placed on short-term results and the practice is harming long-term value creation and business viability. The short-sighted goal of pleasing investors on a quarterly basis places an enormous amount of pressure on managers to take short-cuts and artificially inflate traditional business performance metrics. The many recent corporate scandals clearly illustrate that many business managers succumb to the short-term profit pressures placed on them by investors. Let's all stop it and look to invest in long-term value creation.
Source: http://www.davedolak.com/mission.htm
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