When you run a publicly-traded company with an $80 billion market cap, it’s easy to focus on the short-term. Strained by a year of declining share price, Bill McDermott, the first American CEO of German software giant SAP, says he’s far more focused on making an organization-wide shift that will better suit the company for the future.
“You can’t build a company for 60 days; build for 60 years,” he said.
I interviewed McDermott as a keynote for the IMPACT venture capital conference held by PACT in Center City Philadelphia last week. Find my coverage of our conversation here.