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Building the healthy corporation
Many companies fixate on their next set of financial numbers—a form of myopia that is undermining their ability to manage themselves in a balanced way for the longer term.
Competitive pressures notwithstanding, all businesses must act today to ensure their future growth year after year.
Executives should monitor a small but robust set of metrics that reflect what's happening in the different areas of the business and cover a range of time horizons.
Managing for performance and health also has deep implications for strategy and requires a new approach to communication with investors and analysts and to the development of leaders.
Articles provided by The McKinsey Quarterly
© 1992-2003 McKinsey & Company, Inc
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