RE: Re: Some year end thoughts

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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