On Seeing the Big Picture (Long Term vs. Short Term)
It’s a constant struggle. Doesn’t matter if you’re the CEO of a large corporation, or if you’re a person with a few bucks in a mutual fund. Which takes precedent, the long term or the short? If you only manage for short term profit, you will destroy the sustainability of your investment. If you ignore the short term you may not be around long enough to enjoy the eventual outcome. There is no simple answer. In fact, the natural tension between the long and short term expose the values which determine our ethics.
Repeat this: Starting with me, big picture questions will be a platform for examining values and improving ethics.
Labels: Blogger Tags: Ethics, CEO Compensation, Corporate Ethics, credit cards, debt

