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Every single example that you gave, had visionaries behind the long-term pushes. Steve Jobs had a lot of failures. It's just that his successes were so success
by ChrisMarshallNY 2y ago
Every single example that you gave, had visionaries behind the long-term pushes.
Steve Jobs had a lot of failures. It's just that his successes were so successful, that people forget about the duds.
These visionaries don't just have plans, they have fiendish plots, that would make a Grand Vizier hang his head in shame.
But they move on, and that's when the "quarter-miners" inevitably move in.
- lotsofpulp 2y agoThe formula seems to be “businesses led by people with long term goals + filled with employees capable of executing + luck”. I don’t think “US” is a useful qualifier, publicly listed businesses all over the world have the same short-termism without the right ingredients.
- ChrisMarshallNY 2y agoThe Japanese basically have "long-terminism" baked into their corporate bylaws. The company I worked for, is a pretty "old-fashioned" one, so may no longer be representative of the standard, but it didn't matter who was in charge. All planning was done in 10/5/3/1 year process; with the goals getting "sharper," as you approached zero. It was not particularly conducive to software development, but worked fairly well, for most of the stuff they made.
- blackqueeriroh 2y agoApple Watch, AirPods, and M-Series chips are all squarely Tim Cook-era products. Cook became CEO in 2011. Apple Watch started development after Jobs’ death. It was announced in 2014. AirPods were 2015. M-Series chips shipped in November 2020.
- ChrisMarshallNY 2y agoGood points. Thanks for the corrections. But I also never considered Tim Cook a "quarter-miner." In fact, I think that he's known for standing up to them.