A Model for Focusing Executives on Long-term Value Creation
Harvard Business Review
OCTOBER 21, 2011
The Wine Group's plan can serve as a model for how to do that. For several decades there has been an ongoing debate about how to get executives to focus on the long-term creation of value. Revenue and earnings grew at over 12% CAGR over the last decade — accelerating though the recession. 1 wine brand by volume (Franzia).
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