Portable Wisdom

Author: Jack Welch

Quotations


Shareholder Value

On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy… your main constituencies are your employees, your customers and your products. Managers and investors should not set share price increases as their overarching goal. … Short-term profits should be allied with an increase in the long-term value of a company.

From the interview “Interview with Francesco Guerrera of the Financial Times”

Back to top