How Do CEOs Balance Short-Term and Long-Term Goals?
Balancing short-term and long-term goals is a critical task for any CEO. While achieving quarterly targets is important, it's equally crucial to invest in the future. This involves making strategic decisions that may not yield immediate results but are essential for the company's long-term sustainability and growth. Effective CEOs strike this balance by aligning their business strategy with both short-term performance and long-term vision, ensuring that immediate actions contribute to future objectives.