Posts Tagged ‘wall street’

Long Week

December 3, 2009 Leave a comment

It was a our quarterly sales meeting this week at the office.  It’s always a long week, but this one was especially so.  Given the current economy, much focus had to be given to preparing our message to the sales team.

I’m glad we made it a point to not dwell on how much this year sucked.  I think the entire staff is aware that our business is off over 30%, and much the same with our customers.  I was proud, to say the least, that the message stayed with looking forward. 

Maybe it’s just me, but I think businesses too much focus on the next week, month, quarter, or year.  Shortsighted is the only word to describe it.  It’s not that you shouldn’t track short term, but focusing on maximizing a quarterly return or the like, causes numbers to be fudged, not fraudulently, but nonetheless misleadingly.  As if they are cutting off their noses, despite the face.  Reporting to a bunch of degenerate gamblers, who we know as Series 7 licensed stock brokers, who want instant gain on what should be long-term investment. 

I like the Jeff Bezos idea, let’s do it our way, if they don’t like it, well, they can leave.  I firmly believe that if more companies paid attention to running their businesses, rather than reporting to Wall Street, our world would be a much better place.