Since the 2008 financial crisis and the onset of the Great Recession, a growing chorus of voices has urged the United States and other economies to move away from their focus on “quarterly capitalism” toward a true long-term mind-set.1 Yet the shadow of short-termism continues to advance—and the situation may actually be getting worse. A McKinsey Quarterly survey2 of more than 1,000 board members and C-suite executives around the world found that:
via Focusing capital on the long term | McKinsey & Company.
