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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. public market capitalization over this period.

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5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business

Too many companies still follow a “Plan-then-Do” approach to strategy: The organization works tirelessly to create its best forecasts about the future market and competitive landscape. Webvan was forced to cease operations by 2001. Caesars Entertainment has built test-and-learn into its marketing investments.