Findings from Mckinsey-canada Pension Plan Investment Board Survey
• 63% of respondents said the pressure to generate strong short-term results had increased over the previous five years.
• 79% felt especially pressured to demonstrate strong financial performance over a period of two years or less.
• 44% said they use a time horizon of less than three years in setting strategy.
• 73% agreed they should use a time horizon of more than three years.
• 86% agreed that using a longer time horizon to make business decisions would positively affect corporate performance in a number of ways.