from the desk of H. Bowie...

desktop with typewriter

Commonplace Book:

Jack Welch

Quotes:

“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.

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