Posts Tagged ‘rana foroohar’

Rana Foroohar: Earnings Over Innovation

Posted by admin on Wednesday, July 6, 2016

Rana Foroohar Money Quote saying business leaders prefer financial results above investing in product innovation. Rana Foroohar said:

80 percent of CEOs surveyed in one study said they’d pass up making an investment that would fuel a decade’s worth of innovation if it meant they’d miss a quarter of earnings results
— Rana Foroohar

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In this quote, Rana Foroohar is sharing the results of a survey that asked CEOs about prioritizing long-term innovation versus short-term earnings goals. The survey found that 80% of CEOs said they would abandon investing in a project that could spur a decade of innovation if it meant missing their earnings targets for just one quarterly financial report.

This suggests many corporate leaders are overly focused on delivering profits in the immediate short-term, even if it comes at the expense of funding potentially game-changing innovations that may take years to materialize returns.

Foroohar appears to be critiquing an overly narrow emphasis on quarterly earnings among CEOs that could undermine long-term growth and competitiveness for the sake of temporary Wall Street satisfaction according to this interpretation.

Rana Foroohar: Finance Industry Profits

Posted by admin on Wednesday, May 18, 2016

Rana Foroohar Money Quote Wall street takes a far bigger slice of corporate profits in America than the small percentage of jobs it creates. Rana Foroohar said:
Rana Foroohar The finance industry creates 4% of jobs, but takes 25% of the profits in corporate America quote

“The finance industry creates 4% of jobs, but takes 25% of the profits in corporate America” — Rana Foroohar


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Rana Foroohar seems to be pointing out an imbalance between the finance industry’s economic impact and its profits. While the finance sector only accounts for 4% of total jobs in corporate America, it generates 25% of all profits.

This suggests that the finance industry is highly profitable relative to other sectors that employ more workers. Foroohar appears to be implying that the finance industry earns a disproportionately large share of profits compared to its actual contribution to employment in the U.S. economy.


For the past 15 years Rana Foroohar has covered the financial industry for Newsweek and Time and has now written a book looking at what she’s learned during that time

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