Deadly Disease of Management: Emphasis on Short-term Profits
Deming Institute
JANUARY 9, 2017
One of Dr. Deming’s 7 deadly diseases is: Emphasis on short-term profits: short-term thinking. I wrote on my Curious Cat Management Improvement blog in 2007, Eliminating Quarterly Earnings Guidance : “It is good to see more people understand the bad practice of excessive short term focus on quarterly profits.
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