How are the financial crisis and the sustainability crisis connected? They are both fueled by large numbers of business people simultaneously using a narrow, short-term view of their responsibilities. A short-term view is thinking that is narrowly focused on accomplishing short-range internal company goals and fails to consider the impact of business choices beyond the company's walls and beyond the current financial reporting period.
Tag: unethical
A Profitability Focus Signals Short-Term Thinking
A pure profitability focus is based on an outdated cause-and-effect model, a belief that we can control our profit with our choices and that those choices are more important than our constituents and the impact of what we do on our economic system, our environment and our local and global communities.
Leading in Context 