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Mr. Muniz's latest efforts continue his long-term obsession with remaking famous paintings, this time using scraps torn from glossy magazines.
The strategy is a significant shift -- a "right-hand turn," as Mr. Otellini likes to say -- from Intel's long-term obsession with making ever-faster computer chips.
In some ways it was a logical conclusion to what has been a long-term obsession for Smith.
One element common to many of these lists is my long-term obsession: sleep.
These firms are poised toward the long term and have an obsession for opportunity recognition, value creation and exploitation of the customer need (Collingson and Shaw 2001), which makes the functions of entrepreneurship and marketing critical permeating throughout the firm.
Securing this discipline for the long term would have been no bad thing.The obsession with balancing the budget by 2002 and providing tax-cut sweeteners in the meantime have done nothing of the sort.
Mr Weidmann's views are similarly circumscribed by the tenets of German economic thinking: a distrust of policy discretion; an emphasis on the long term; a deep-seated fear of inflation; and an obsession with moral hazard.
There is simply no question that Mr. Bezos's obsession with his customers — and the long term — has paid off, even if he had to take some hits to the stock price along the way.
Besides that, we have systemic challenges of risk-aversion rampant at the moment, with venture capitalists behaving like bankers, and Wall Street's obsession with quarterly results that discourages long term R&D.
Martha Rogers, adjunct professor at the Fuqua School, has written a new book with her business partner Don Peppers, about the dangers of "short-termism," or the obsession with making quarterly profits at the expense of long term customer value.
And in this era of deficit obsession, the holiday would actually reduce federal government revenues over the long term.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com