The Bottom Line - 10/06/2010

Three top executives join Stephanie Flanders in the studio to talk about playing the long game and scouting for talent. Nearly all business gurus recommend thinking in strategic terms rather than concentrating on short-term gains. But is this really possible in today's business environment, where a constant flow of news affects markets every second of every day? Stephanie finds out how the bosses on the panel keep their eyes on the long game. How much will they give up today to reap rewards down the line? Also on the programme, scouting for talent. In the sporting world it's easy, because managers can watch players perform on the pitch - but businesses have it a bit tougher. The panel talks about what they look for in new talent, how they find tomorrow's superstars, and how quick it takes them to form an opinion on a candidate. Stephanie's guests are Jayne-Anne Gadhia, chief executive of Virgin Money; Peter Hambro, chairman of Petropavlovsk; and Ellis Rich, chief executive of Independent Music Group and chairman of the Performing Rights Society.