Optimizing for the short term often happens at the expense of the long term.

· Bits and Bobs 12/9/24
  • Optimizing for the short term often happens at the expense of the long term.
    • It's extremely easy to get short-term returns by lighting customer trust on fire.
    • Focus on the long term fundamentals with a mindset of managing short term.
    • People with a finance perspective often only see the business metrics which are the short term metrics.
    • The long term metrics are best seen by the product team.