Quarter end – a time when short-term panic can lead to long-term disaster. Boards often push for results that are based on quarterly numbers without fully understanding the overall strategy and vision of the company. It is the CEOs responsibility to work with their executive team to communicate that vision far and wide and help eliminate the tendency of the short-term panic.
Leading celebration based on a quarterly number kills innovation and long-term success. Winning as a company is a marathon and to treat it as a series of sprints means you’re training for the wrong race.
For long-term success – read more.