At the end of 2014, the CEO of naval shipbuilder Huntington Ingalls Industries, Mike Petters, delivered an address at the Atlantic Council entitled, “Playing the Long Game.” In it, he made the case for the chief executive’s leadership antidote to what he called “the institutionalization of the short-term.”   Petters said: “No. 1, you have to think that you’re the longest person—you have the longest horizon—in the room and that ...

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