29/04/2024
It's unfortunate that under pressure to grow in the short term, leaders often make decisions that compromise their business in the long term. This phenomenon is far too common, and its implications are severe, but it's still not much mentioned, perhaps due to psychological reasons. It's always hard to judge oneself. It's important for leaders to take a step back and reassess their priorities to focus on sustainable growth rather than short-term gains. HBR has some valuable insights on what leaders can do differently to achieve long-term success.
Few companies succeed in growing at a sustainable rate over time. The reason is that leaders give in to the temptation to grow in ways that overlook the customer or they grow more quickly than their organizational capabilities allow. But the leaders of a handful of companies, including Costco and Fo...
