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Once upon a time a company like ours might have made big strategic choices on an annual or quarterly cycle.
On Friday, though, came a sign that the 7am dump could be about to change: Legal & General announced it would no longer publish results on a quarterly cycle.
And by being optimistic about the long-term future, and relatively pessimistic about immediate results, the quarterly cycle of stock market earnings estimates has the effect of bolstering the market.
And these had none of the regulatory troubles that beset America's financial industry.The intensity of the countdown to the end of the quarterly cycle has, says Mr Prince, been the biggest single surprise so far in his new job an odd perception, given his many years at Mr Weill's side as his corporate lawyer.
So if I were to take a turn at summing the quarterly cycle, I would probably give it a thumbs up.
Think about that "patient capital" breaking the quarterly cycle that spanned DIGIBABBLE and the shallowness of disruption...profit will be judged by the success of the mission and not by the appetite of Wall Street for hype.
Similar(50)
"The quarterly cycles and reporting requirements, we really have to challenge those.
Instead of setting advertising budgets on quarterly cycles, marketers will launch ad initiatives whenever opportunities emerge, and they will optimize them for efficiency and effectiveness on the fly.
We consistently see customers reduce the time it takes to get code into production from quarterly cycles to daily cycles.
How do you balance short-term and long-term financial goals at IBM? We don't run IBM in quarterly cycles, even though there's tremendous pressure to do that, to give quarterly guidance within a penny.
Research by Phillippa Lally and her team shows that it takes 66 days on average to ingrain a habit, but since business tends to run in quarterly cycles, a three-month cadence is just fine.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com