A Quote by Gerard Arpey
The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team.
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Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.
Today I am announcing that I will not seek a tenth term in the United States Congress this November.
Investing in more fossil fuel infrastructure will not strengthen our economy over the long-term, since the market is clearly indicating that clean energy sources are the future.
There's none as deaf as those who won't listen. I get letters. If they are moronic, they go in the wastepaper basket, but if they are reasonable points, I try to explain. I am planning for the long-term future. I am planning for the long-term future. People say build a team not a hotel, but that argument is irrelevant. It's like fish or meat
The obligation of every ethical management is to make sure we optimize the long-term value of the company.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
In the UK what we've found is that even businesses which prided themselves already on their efficient management find that a really beady-eyed scrutiny of their resource management, with an eye to environmental best-practice and long term sustainability, produce fresh efficiency and fresh savings that actually shock those in the company
My grandfather was a very successful businessman. He started off as an engineer, but moved to sales to management to executive over a long career. For a while, before I was born, he was the CEO of an oil and gas exploration company.
If you want to know who you are, look into the true mirror. The flower will reflect your beauty. The sky will reflect your vastness. The ocean will reflect your depth. The child will reflect your innocence. But if you look into the mirror that is unconscious humanity, you are looking into the wrong mirror. Your reflection will be distorted by their projections.
We believe strongly that in the long term, we will be better served - as shareholders and in all other ways - by a company that does good things for the world even if we forgo some short term gains. This is an important aspect of our culture and is broadly shared within the company.
42% of our management team are women. So we've reset the goal to 50% by 2017. Because that's when Westpac becomes 200 years old as an institution - the oldest bank, and indeed the oldest company in Australia. So that's a lovely point to reflect on.
My fear is that of all the choices people face today, the one they rarely consider is, "How can I serve most effectively and fruitfully in the local church?" I wonder if the abundance of opportunities to explore today is doing less to help make well-rounded disciples of Christ and more to help Christians avoid long term responsibility and have less long-term impact.
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company's value in the future.
It is our job, as members of parliament, to legislate with an eye to the long term future, to look over the horizon beyond the next election and ensure that as far as we can what we do today will make Australia a better place, a safer place, for future generations to live in.
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