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Game-changing innovation requires a different kind of management with a new corporate bottom line in which value-adding innovation is a necessity, not an option.
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That is the C-Suite bottom line to generating shareholder value.
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Knight Ridder has always had a reputation for journalistic excellence as well as for making that value a priority over the bottom line--which is perhaps why Knight Ridder's financial performance has lagged that of its industry peers for years.
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Getting the over-arching value of business aviation relative to your bottom line, will put the costs in a more fitting perspective.
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But most compensation packages are linked not to long-term value creation and skillful management of long-term risks, but to quarterly or annual bottom line performance.
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Olympus's net loss narrowed as a weaker yen boosted the value of its foreign-currency assets, though soft digital-camera sales still hurt its bottom line.
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