"Long-Term Thinking: Key to Business Decision-Making"
Автор: Critical Thinker
Загружено: 2023-04-04
Просмотров: 12
Описание:
In a business context, the scenario of being stranded in the ocean and faced with the decision to drink salt water or hold out for fresh water could represent a situation where a company is facing a difficult challenge or crisis. This challenge may threaten the survival of the business, and there may be a temptation to take desperate or short-sighted actions in an attempt to address the problem.
However, just as drinking salt water can actually make things worse and decrease the chances of survival in the scenario presented, taking desperate or hasty actions in a business crisis can often exacerbate the problem and lead to further difficulties.
Therefore, it is important for businesses to resist the urge to take immediate, reactive measures and instead take a strategic, long-term approach to problem-solving. This may involve seeking out expert advice, carefully assessing the available options, and being willing to make difficult decisions in the interest of long-term success.
By adopting a long-term perspective and resisting the temptation to take drastic, short-term actions, businesses can increase their chances of surviving a crisis and thriving in the long run.
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