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Short-Termism

Definition/ Meaning/ Explanation
A tendency to focus on the short-term, easily visible results and ignore the long-term outcomes and visualization, ultimately affecting the business’s processes and management.

Diagrams


Originated from/Coined by


Further Reading/ References
https://hbr.org/2018/05/why-ceos-should-push-back-against-short-termism http://lexicon.ft.com/Term?term=short_termism

Category: Learning, Thinking        Tags: Short-Termism, Mental Models

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