Refers to the usual differentiation by short-, mid- and long-term. Defining management dimensions in this way, however, is misleading and therefore extremely risky. Instead, the correct distinction is between “operative” and “strategic.” That is the only way to arrive at the right timing, never the other way round. There are long-term decisions which are largely operative and short-term decisions that have an enormous strategic impact.

By |2023-10-18T11:11:24+00:00October 18, 2023|Comments Off on Terms

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