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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex. But the other indicators probably pick up legitimate differences in how companies in the sample operate, as opposed to whether they are myopic. Creative accounting measures.

EPS 8
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Managing in an Age of Winner-Take-All

Harvard Business Review

Our accustomed modes of thinking are straitjackets constraining the human energy and creativity these tools could unleash. Consider management actions such as cutting jobs and investment as a response to currency fluctuations and the resulting accounting impact of those cuts on earnings per share (EPS).

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Why I'm Glad I Got Fired

Harvard Business Review

A friend of mine, Godfrey Sullivan , asked me to consider running the operations for the Americas unit at Autodesk. I was being asked to be the complementary half: the internal candidate would be the outward-facing VP running the Americas, but I would run the internal operations of the $200M+ business, owning the title "revenues manager."

EPS 15