The Importance of Long-Term Performance Orientation

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

If you take a company private you can take a longer horizon and by the nature of the investment vehicle and being a shareholder It's harder to exit. Half the family companies I work with Take a very little out of the business They keep a lot in In fact, I'm always amazed at look at it at some of these companies that the level of wealth exhibited by the The family members doesn't match the dividend flows Um So not sustaining a lifestyle On dividends what they're really doing is taking advantage of the wealth creation That will happen over time now.

George Stalk Jr., business strategist and author of the book Competing Against Time, reveals the surprising ways companies can harness the power of time to blow past competitors, boost productivity, and send profits soaring.

Competing Against Time is the ONE book that Apple CEO Tim Cook makes all his executives read.

In this episode, you’ll learn the proven ‘hardball’ strategies that market leaders like Toyota use to win and discover the counterintuitive approach of paying more to ship and manufacture faster – and how those time advantages translate into unassailable market dominance.

George shares eye-opening examples of how relentlessly reducing time and variance through the entire value chain creates an avalanche of competitive advantages nearly impossible for rivals to copy. But it’s not just about speed – it’s about building a fast-moving, low-variance organization primed to adapt, innovate, and seize opportunities others can’t even see.

Whether you’re a business leader, entrepreneur or ambitious professional, this episode will give you a radical new lens for gaining an unbeatable edge in any industry. After listening, you’ll never think about business strategy or competition the same way again.

Want even more? Members get early access, hand-edited transcripts, member-only episodes, and so much more. Learn more here: https://fs.blog/membership/

Every Sunday our Brain Food newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/

Follow Shane on Twitter at: https://twitter.com/ShaneAParrish

Our Sponsors:

MetaLab: Helping the world’s top companies design, build, and ship amazing products and services. https://www.metalab.com

Aeropress: Press your perfect cup, every time. https://aeropress.com