Among corporate leaders in America today, one executive stands out as an assertive, articulate advocate for long-term corporate thinking—Henry Schacht. As long-time head of Cummins Engine, Schacht resisted Wall Street’s pressures for fast results, focusing instead on the long term. Schacht retired in 1995, then reemerged to help launch AT&T spinoff Lucent Technologies as its CEO and Chairman. (30 minutes)

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