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Playing with a finite-mindset in the infinite game of business can lead to detrimental long-term consequences. It can result in decisions that undermine the company's long-term interests. When the focus is solely on competition and winning, the company's strategies may be designed to meet short-term goals, often at the expense of long-term sustainability. This can lead to an excessive focus on immediate results, potentially resulting in strategies such as extreme cost-cutting, layoffs, and reduced investment in research and development. These strategies can harm the company culture, fostering insecurity, excessive caution, aggressive tactics, and a survival mentality.
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Playing with a finite-mindset in the infinite game of business will lead to decisions that sabotage the long-term interests of the company. When companies prioritize competition and winning, their corporate strategy, product strategy, and incentive structures will be designed to meet finite goals. This pushes the entire company to focus excessively on the urgent at the cost of the important. A finite-minded focus on near-term numbers can lead to problematic strategies like reducing R&D investment, extreme cost-cutting, layoffs, etc. These can be disastrous for the company culture and lead to insecurity, excessive caution, aggressive tactics, and a survival mentality.
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What’s the difference between leaders who only achieve short-term success and visionaries who create resilient and truly competitive organizations? Re...
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