S8-Ep42: Curing Corporate Short-Termism - with Gregory Milano

Featured Guest: Gregory Milano A leader’s lust for short-term profit often means pulling tomorrow’s results into today’s reports. Those intentions may be well-meaning, intending to please shareholders and the board. But they can result in bankrupting the future. After all, if you’re crediting next quarter’s returns into this quarter, how will you make next quarter look as appealing? It’s unsustainable. In his new book, Curing Corporate Short-Termism, Gregory Milano guides senior managers who want to encourage more investment in the future of their companies. Many corporate practices are counterproductive, creating stiff headwinds for managers trying to grow their business. The solution: a culture of ownership. When you see yourself as the owner of the company, your decisions change; the long-term becomes more important. Gregory discusses the dangers of short-termism and the tools to overcome it with host Maureen Metcalf – and how these principles produce long-term value that benefits not just the organization's shareholders, but all of its many stakeholders…including society at large. Other episodes you'll enjoy: Do No Harm: Ethics for Leaders with Terri O’Fallon Facing Uncertainty: It’s VUCA with Christopher Nolan Expecting the Unexpected: VUCA in Action at Red Roof with George Limbert For daily wisdom from our guests, be sure to follow us on LinkedIn at https://www.linkedin.com/company/innovativeleadershipinsitute/ . We're on Mastodon, Facebook, and Twitter, too!   ----------------------   RESOURCES:   Learn more about Greg's company at fortuna-advisors.com . You can purchase his book, Curing Corporate Short-Termism at https://amzn.to/3WRIQpj . Maureen Metcalf posts a newsletter every week on LinkedIn. You can follow her there at https://www.linkedin.com/in/maureenmetcalf/ . She’s also written several award-winning books on leadership development. Your can peruse and purchase them here: https://amzn.to/3C4eSX0 . -----------------------   OUR PODCAST TEAM:   Host & Executive Producer: Maureen Metcalf Editor & Producer: Dan Mushalko Video & Graphics Editor: Devon Mushalko Podbean Guru: Luigi Morelli CONNECT WITH US: Facebook: https://www.facebook.com/Innovativeleadership YouTube: @InnovatingLeadership Twitter: @IL_Institute Mastodon: @InnoLeader LinkedIn: https://www.linkedin.com/company/innovativeleadershipinsitute/ Website: InnovativeLeadership.com Loved this episode? Leave us a review and rating!