Ecellent points that I had not considered.
On Mon, 19 Dec 2005 14:22:59 -0500, qsrvbas wrote
> midrange-nontech-request@xxxxxxxxxxxx wrote:
>
> > 2. Re: Some year end thoughts (Mike Eovino)
> >
> >> This is a purely, mostly uneducated guess on my part, but in the 10-year
> >> timeframe you mention, it seems to me that 10 years ago, give or take
(muzzy
> >> femory), we started seeing corporate America absolutely fixate on short-
term
> >> profits, and neglect the long-term. In this scenario, I believe, IS
will
> >> always get the short shrift.
> >
> >In that case, quite a bit of it has to do with public vs. private
> >companies. Public are the ones that tend to fixate on the quarterly
> >#'s, while private companies can afford to take a longer view,
> >sheltered from the insatiable demands of short-term investors.
>
> An additional category, fairly large and influential -- government
agencies.
>
> After many years working for municipal, county and state governments,
> and thereby working ~with~ federal agencies, I learned a couple
> major differences between public and private ~sectors~ (rather than
> public and private companies).
>
> First, government can't focus on profit at all, although budget is
> still critical; focus must be on service if success is wanted.
>
> And second, long-term planning/strategy is far too often meaningless
> even though demanded. Regular elections often swap out top-level
> people and bring new "mandates". Out with the old long-term plan, in
> with the new.
>
> But because private sector must interact with public (government)
> and public sector often sets standards, government influence
> ripples through all of it. And of course, not simply new interface
> standards but also regulations, etc.
>
> The regular changes at the top can make for a frustrating career in
> the middle.
>
> Tom Liotta
>
> --
> Tom Liotta
> The PowerTech Group, Inc.
> 19426 68th Avenue South
> Kent, WA 98032
> Phone 253-872-7788 x313
> Fax 253-872-7904
> http://www.powertech.com
>
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