The call to reform capitalism seems both less and more urgent the further we travel from the Great Recession of 2008. Less so because that event recedes in memory—and more so because, nearly seven years after the crisis, we’ve yet to make meaningful reforms, despite many calls to action.

One issue is particularly essential: shifting markets and companies from “quarterly capitalism” to a true longer-term way of thinking, thereby renewing the fundamental ways we govern, manage, and lead today’s corporations. Achieving that change, however, requires wide-ranging shifts in both mind-set and practice. How might these be accomplished?