from the desk of H. Bowie...

desktop with typewriter


Jack Welch


“Shareholder Value”

On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy… your main constituencies are your employees, your customers and your products. Managers and investors should not set share price increases as their overarching goal. … Short-term profits should be allied with an increase in the long-term value of a company.

From the interview “Interview with Francesco Guerrera of the Financial Times”

» Permalink for Quote