Value Creation vs. Value Extraction

Maurie Cashman has some interesting thoughts about linking employee goals to an organization's exit strategy.  The quotes he's pulled from Lou Dubois' piece in Inc, get at goal setting.

I continue to think it is important for owners to drive as much value creation as possible so that their exiting value extraction leaves a strong organization behind. This gets to maximizing long-term stakeholder value instead of just maximizing short-term shareholder value. I'm not suggesting this is an either-or choice, but, rather, finding a way to maximize the exit value AND the ongoing value of the organization to its new owners, employees, customers, and community.

What do you think.

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