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How to escape the short-term trap

How to escape the short-term trap

"How does the combination of a short- and long-term approach reinforce the financial health of a company and ensure sustained performance?
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Author(s): John R. Graham, Campbell R. Harvey, Shivaram Rajgopal

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