.jpg){kind=avatar}
.jpg){kind=avatar}
Michael Dell wrote a great article for the WSJ. Dell gave his opinion on the importance of investing in the future and believing in the long term strategy and vision for his company. As a private company Dell is taking on risks that he was unable to as a public company. He is no longer worried about the short term results that were required by equity analysts and investors.
The technology revolution is gradually reinventing economies and society itself. To keep innovation coming, though, requires companies take big risks. It also requires vision and commitment. The single most important thing a company can do is invest and innovate to help customers succeed. Theoretically, this should also be good for shareholders. You do what’s best for customers, you grow and generate returns, and a stable base of long-term shareholders benefits from success... Yet we find ourselves in a world increasingly afflicted with myopia—governments that can’t see beyond the next election, an education system that can’t see beyond the next round of standardized tests, and public financial markets that can’t see beyond the next trade. This was what Dell faced as a public company. Shareholders increasingly demanded short-term results to drive returns; innovation and investment too often suffered as a result.
http://online.wsj.com/articles/michael-dell-going-private-is-paying-off-for-dell-1416872851
unknownx500
