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. Many large investments at our railroad and utility operations are also made with an eye to payoffs well down the road. …. It is easy to focus on short term goals and use a somewhat simple short term figure to measure success.
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