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Wanderers Ways. Neil Thompson 1961-2021

" Bah Humbug "


YTARMY

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Shareholders want continued growth.. Profits are fine but if profits fall shareholders ain't happy.... Companies have issues when the growth slows

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And therein lMO lies the biggest problem with British companies, especially in the manufacturing sector. "Shortermism" leads to poor strategy and rank poor management and investment decisions. We need to look at medium to long term. Many German companies I used to deal with, used to invest and look to a ten to fifteen year outcome rather than 3 years.

 

It got so bad at my last outfit, that the banks were insisting on reforcasts on a bimonthly basis, oblivious to how much time it took out of the time needed for actual productivity and development.

Edited by bgoefc
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