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While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex. But the other indicators probably pick up legitimate differences in how companies in the sample operate, as opposed to whether they are myopic. On the surface, this measure looks reasonable.
We're moving towards innovation in technology, pricing, business models and partnerships," explains head of corporate responsibility management, Dorje Mundle, of the company's base-of-the-pyramid operations. Zeitz is also rolling out the EP&L across the holding group PPR.
The advent of the modern organization and the practice of management constitutes a “social technology” that has been equally transformative. The forces of technology and management will continue to hold equal sway as the 21st century unfolds. This is a situation that cannot endure.
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