There is a little bit of "when a measure becomes a target, it ceases to be a good measure" with respect to chasing financial performance.
While you can't escape thinking about financial metrics, the goal should be something like creating great products, building a competitive barrier etc. Financials can act as a constraint rather than a goal.
A concrete example is Costco.
Even here, Gelsinger puts it last, which is sort of reads like a constraint. Seems fair.
Yup, sure. I'd argue one of the factors involved in the long term problem is when the company starts trying hard to make money as opposed to serving customers well (again, financial metrics must be a constraint). It's not the only factor (incentives get whacky, bureaucracy is difficult), but it's a factor which isn't appreciated as much as the other two.
It'd be nice if they could give me a compelling reason to upgrade my computer more than once or twice a decade, other than 'Our new AI computers have keyboards that go to 11'.
While you can't escape thinking about financial metrics, the goal should be something like creating great products, building a competitive barrier etc. Financials can act as a constraint rather than a goal.
A concrete example is Costco.
Even here, Gelsinger puts it last, which is sort of reads like a constraint. Seems fair.