Rance Hesketh, former CEO of Workshop Cafe and former senior vice president at Burger King (Photo by Via News)

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…

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