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Balancing short- and long-term performance

Balancing short- and long-term performance

Why and how to reconcile short- and long-term performance.

Author(s): Janamitra Devan, Anna Kristina Millan, Pranav Shirke

Publisher: McKinsey Quarterly

Date of publication: 2005

See this article on the publisher’s site [McKinsey&Company]

Synopsis

This article is one of the sources used in Manageris’ synopses:

Resist the temptation of the short term

Resist the temptation of the short term

How to reconcile the need to produce immediate results and the need to prepare for the future? Resisting the temptation to focus on the short term is difficult, but beneficial in the long term.
169a – Synthèse (8 p.) Growth