One would think they would plan for their long-term survival, but I feel that the current Board of Directors and C-Suite Execs only care as far as their career horizon.
Nope. The stock market game and investor pressures have forced a lot of less well governed corporations into the trap of only caring about quarterly performance - and a quarterly focus makes it's pretty clear what to do about R&D - that's just a department always deep in the red.
>One would think they would plan for their long-term survival
Why do that when you can focus on short term gains? Outsource departments, cut funding for health and safety, ignore potential issues, collect your fat bonus for cutting costs and then move on to screw the next company before the one you're at implodes
Never mind that C level people are usually at least half done their life anyway. So what if the world warms 2C next decade? They'll weather it just fine
