Tag Archives: business

The Dumbest Idea In The World: Maximizing Shareholder Value

odd, isn’t it, that the words of jack welch are considered insightful and not patently obvious: ““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.””