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Showing posts from March, 2017

This is why the boss will crush all your good ideas

http://www.bbc.com/capital/story/20170227-this-is-why-the-boss-will-crush-all-your-good-ideas “The focus of a business starts to shift from long-term thinking and the focus is on next-quarter earnings." “The moment you focus on short-term profits, and not long-term revenues, you put handcuffs on innovation.” “The leaders don’t want to put that investment into play”. “They would rather focus their efforts on immediate revenues.” “Corporations hire bright folks, but they don’t hire risk takers". “[They] hire folks who are like them.” So if a manager is not a risk-taker, he’s likely to hire another person who doesn’t take risks. “And his manager’s boss? Same story”.