On Tue, 07 Aug 2012 08:54:51 +0100, Invisible wrote:

>>> It seems that in general companies are only interested in what's
>>> happening /right now/, and anything further out than that is
>>> irrelevant.
>>
>> Public companies are run on a quarter-by-quarter basis (at least in the
>> US, but probably elsewhere as well).  Everything is driven by immediate
>> needs and quarterly earnings results.
>>
>> That's one of the major problems IMHO with publicly traded
>> corporations.
>> Private corporations can focus on a longer game.
> 
> Isn't this exactly the same problem as democratic government? The people
> in power want to stay in power, and the electorate only seem to be
> interested in what's happening today, so...

Not really - though part of the problem is that problems aren't solved 
quickly, possibly as a means of extending the need to stay in office.

But the electorate - at re-election time - if they don't like what's 
happening, in theory can vote out the bums in office and put new bums in 
office.

Jim

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