Long-term focus outperforms short-termism
“Corporate short-termism” has been the subject of ongoing debate – among leaders in business, government, and academia – for decades. To understand the facts and figures behind the problem, McKinsey has created a systematic measurement of long- and short-termism at a company level.
Their metrics show that companies with long-term focus outperformed their shorter-term peers on a range of key economic and financial metrics, see below.
Need more evidence? Get the full report at McKinsey Global Institute.