Short-Termism, Overextension Lead to Business Vulnerability
Failure to focus on the long-term vision of a business and over-extending the scope of its activities could result in vulnerability, says a senior entrepreneurial executive, who calls it a “folly” to pursue growth rather than profit. “There’s too much short-termism, and that short-termism is ultimately very damaging. It’s damaging to the [company’s] culture in…
