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Spotlight — How might a long-term stock market transform tech?

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Aug 25, 2022
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INSIGHT

Multipolar Traps Explain Short-Term Harm

  • Multipolar traps force actors to optimize short-term incentives that harm the group long-term.
  • Individual companies cannot solve these systemic incentive races alone.
ANECDOTE

World Tour Revealed Real-World Problems

  • Eric Ries toured the world after The Lean Startup and saw his methods applied everywhere from startups to governments.
  • That exposure revealed both broad applicability and hidden dysfunctions in many organizations.
INSIGHT

Quarterly Targets Distort Company Behavior

  • Short-term pressure like quarterly targets warps company behavior and undermines useful accountability.
  • Running companies to meet reports makes those reports lose their usefulness as governance tools.
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