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. If we could spend twice that amount productively, we would happily do so though short-term results would be further penalized. It is easy to focus on short term goals and use a somewhat simple short term figure to measure success.
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