Tag Archives: short term thinking

Innovative Thinking at Amazon: Paying Employees $5,000 to Quit

Posted on April 15, 2014 by John Hunter

Amazon continues to be innovative not just in technology but with management thinking. Jeff Bezos has rejected the dictates espoused most vociferously by Wall Street mouthpieces and MBAs that encourage short term thinking and financial gimmicks which harm the long term success of companies. Most CEOs and executives are too fearful or foolish to ignore what they are told they must do because Wall Street demands it. CEO’s and boards often ratchet up the poor management thinking by tying big … Continue reading →

Posted in Creativity, Innovation, Management, Psychology, Respect | Tagged Amazon, Bezos, Innovation, management, management system, managing people, respect for people, short term thinking, Systems thinking | 1 Comment

Short Term Investing Focus

Posted on February 17, 2010 by John Hunter

Buffett’s New CEO Shows Analysts, Hedge-Fund Managers to Door [the broken link was removed] Buffett’s Berkshire Hathaway Inc. completed the buyout yesterday after winning the approval of Burlington Northern investors. The deal, valued at $100 a share, allows Rose to hand out returns of nearly 300 percent, plus dividends, to investors who bought stock the day he was named CEO in 2000. The problem, he said, is that shareholders with that length of commitment are dwindling in number and influence. … Continue reading →

Posted in Deming, Investing, Management | Tagged Deming, Investing, long term thinking, management, short term thinking, Warren Buffett | 4 Comments

How Private Equity Strangled Mervyns

Posted on December 12, 2008 by John Hunter

I do not like the actions of many in “private equity.” I am a big fan of capitalism. I just object to those that unjustly take from the other stakeholders involved. It is not the specific facts of this case, that I see as important, but the thinking behind these types of actions. Which specific actions are to blame for this bankruptcy is not my point. I detest that financial gimmicks by “private capital” that ruin companies. Those gimmicks that … Continue reading →

Posted in Deming, Management, Respect, Systems thinking | Tagged ethics, management, Respect, short term thinking, Systems thinking

Google Should Stay True to Their Management Practices

Posted on December 9, 2008 by John Hunter

I believe in Google’s past, present and future. They have shown a great ability to ignore the short term focus that dominates (and kills success) of so many companies today. I am happy to invest in Google for the long term. This current reaction to the economic crisis, is one of many times Google can be seen to be making significant changes to adapt based on market conditions and the results of their experiments and experiences. Google’s management in general … Continue reading →

Posted in Google, Management, quote | Tagged Google, Innovation, management, quota, quote, short term thinking, Six sigma | 3 Comments

Invest in New Management Methods Not a Failing Company, 1986

Posted on November 22, 2008 by John Hunter

Invest in New Management Methods Not a Failing Company by William Hunter, 1986 I predict American Motors will stop making cars in Wisconsin in the near future, whether or not the state’s money is used for a temporary propping-up operation. These competitors are beginning to understand how essential it is to take a long-term view of their businesses. Toyota, for example, took its top 40 managers on a two-day retreat to ponder what their corporation will look like in the … Continue reading →

Posted in Management | Tagged Bill Hunter, cars, commentary, Economics, management, Manufacturing, quote, short term thinking, Toyota Production System (TPS), Wisconsin

Goodbye Quarterly Targets?

Posted on March 31, 2007 by John Hunter

Goodbye Quarterly Targets? [the broken link was removed], Business Week: For about a decade, companies have tried to goose their stocks-or manage the market’s expectations-by putting out quarterly earnings projections. Now the practice has come under fire as business leaders fret that the focus on short-term targets undermines long-term growth. On March 14 the Commission on the Regulation of U.S. Capital Markets in the 21st Century, a project of the U.S. Chamber of Commerce, urged executives to stop issuing their … Continue reading →

Posted in Deming, Management | Tagged Investing, long term thinking, management, short term thinking, targets | 3 Comments

Stop Demotivating Employees

Posted on April 20, 2006 by John Hunter

Why Your Employees Are Losing Motivation [broken link removed – Harvard is extremely bad about breaking links, which is an indication of how little they think about anything but the short term] by David Sirota, Louis A. Mischkind, and Michael Irwin Meltzer from the Harvard Management Update: Most companies have it all wrong. They don’t have to motivate their employees. They have to stop demotivating them. Clear, simple and right. Douglas McGregor explored this topic well in 1960. He explained … Continue reading →

Posted in Deming, Management, Management Articles, Popular, Psychology | Tagged management, managing people, Psychology, respect for people, short term thinking | 18 Comments

The Quick Fix

Posted on October 10, 2005 by John Hunter

The Fall 2005 issue of the Deming Institute newsletter (I removed the broken link) includes a copy of a letter Dr. Deming sent to Time magazine in 1981. Dear Sir, Your article about Japan in TIME for 30 March 1981 is excellent, but the paragraph concerning my work is ridiculous and can do a lot of harm to American industry at the very time when they need guidance. Dr. Deming did not just give a lecture in 1950. He gave … Continue reading →

Posted in Deming, Management | Tagged Deming, Management, Psychology, short term thinking | 7 Comments

Life Beyond the Short Term

Posted on September 4, 2005 by John Hunter

Life Beyond the Short Term by Simon Caulkin, The Observer. Last week’s column – ‘Adrift in a parallel universe‘ – about the perversion of management provoked an eloquent, sometimes passionate, response. … In the spirit of a positive alternative, a prime text is W Edwards Deming’s 14-point programme for transforming management, drawn up in the 1980s. Once again Simon Caulkin has penned an excellent article. In this article he gives an overview of Deming’s 14 points. I am glad to … Continue reading →

Posted in Deming, Management | Tagged Deming, long term thinking, management history, short term thinking | 1 Comment