BullNBear52, Thank You for posting that link. I view this article as one of the most intelligent pieces written about the responsibility management has as to the investors and their success with the company.
I really like the following:
The long downturn marked a coming of age for many tech companies. It forced many CEOs to take stock of themselves and make fundamental changes. Cable-TV pioneer Edward S. "Ted" Rogers, CEO of Rogers Communications (RG ) Inc. in Toronto, No. 20, had always followed the mantra of growth at all costs. But in 2001 his board demanded a change: better return on fixed assets. "I'm an entrepreneur. We tend to be all over the map," says Rogers. "In the past two years I've tried to improve my skills as a manager. And I have learned the key word is 'focus."'
What he focused on was improving his existing businesses -- cable, mobile phone, and media. In the past, like other cable companies, Rogers Communications would invest in expensive network upgrades long before consumer demand materialized. Now it does things incrementally but moves quickly when it detects demand. That strategy shift allowed it to reduce capital expenditures by 22% last quarter.
We all should do whatever we can to help make the world better for the future generations.
And Happy Fathers Day to all you Fathers.
