As Americas Fixation on the Short Term Erodes U.S. Competitiveness and Shareholder Value Is there a Silver Lining for Global Competitors?
September 4, 2014
Hosted by Té Revesz
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Guest Information
Episode Description
Everywhere we look, says former White House advisor, Charles Kolb, the U.S. seems to be driven by short term thinking and short term decision making. SHORT TERMISM has become the mindset of corporate America and a value embedded in American culture. Corporate decision making is driven by quarterly earnings performance, government by next election. Capital markets regarded by many as casinos rather than vehicles for long-term investment. Even education policy is driven by short term test results. The results? U.S. students lag their international peers, infrastructure crumbles, innovation declines, corporate governance becomes an oxymoron and long term shareholder value is actually destroyed. Can the U.S. turn it around? How? Meanwhile, how can international competitors use the U.S. fixation on short termism to their advantage when marketing in the U.S. and competing with U.S. companies abroad?
Global Reach
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We are all operating in a dynamic global marketplace, whether we reach across borders to find new customers and fresh ideas or face overseas competitors in our home market.
Global Reach embraces the opportunities and challenges we encounter when operating in multiple countries and cultures. We talk with entrepreneurs and executives about their strategies for winning in fast changing world markets: cross-cultural communication, global branding, media and marketing, transportation and manufacturing, the future of finance, alternative investment strategies, innovation and IP protection.
Global Reach interviews thought leaders about 21st century megatrends that impact international entities: trends like the business and politics of sustainability, the morphing nature of competitiveness, globalization, global companies vs national governments, worldview and growth prescriptions, emerging markets issues, and the corporate impact on society (governance, ethics and leadership).
Té Revesz
Té Revesz is known for her ability to conduct strategic research on a global basis and for her creativity in handling complex business challenges.
As principal of GlobalReach-SBI, a research and consulting firm with a network spanning over 60 countries, Té provides clients with strategic intelligence on market opportunities and threats. She covers such diverse areas as global branding, new product development, payment cards, clinical trials, and political risk. An expert in primary research, Té has interviewed business, government and labor leaders, doctors and technical experts—and managed focus groups—around the world. She was profiled in Super Searchers Go to the Source as one of the top US interviewers.
Prior to founding her own firm, Té headed the Industrial & Healthcare Practices of FIND's Strategic Consulting & Research Group and taught at the Zicklin School of Business (Baruch/CUNY). She was the Editor of Business International’s flagship newsletter and helped create its country risk service.
An NYC native, Té is active with Citizen Action, the URJ’s Commission on Social Action, and NY Neighbors for American Values (defending religious freedom, diversity and equality). She holds a Masters from Columbia’s School of International & Public Affairs and a BA from Goucher College. She’s an avid bike rider, theater buff and farmers market supporter—and the bemused owner of 2 demanding felines.