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The 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 qua
by lotsofpulp 2y ago
The 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.