Limitations include revenue, profit, job creation, research & development (R&D), shareholder returns, and the economy as a whole.
The article is based on three main sources of data: consultancy reports, multinational companies, who have already realised this increasing problem, and an analysis of two cases of private equity controlled global companies that act with mostly long-term growth strategies in mind. Suggestions are made for how the business community can manage short-termism, where the process is visualised in a framework.
Author of the article
MSc International Business Economics