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Financial Sustainability
ORGANIZATIONAN ORCHESTRATED STRUCTURE

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“Management always has to consider both the present and. . .”

Management: Tasks, Responsibilities, Practices ()

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HarperCollins

Thomas Sorensen

“Management always has to consider both the present and. . .”

“Management always has to consider both the present and the future, both the short run and the long run. A management problem is not solved if immediate profits are purchased by endangering the long-range health, perhaps even the survival, of the company. A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future. The all too common case of the great man in management who produces startling economic results as long as he runs the company but leaves behind nothing but a sinking hulk is an example of irresponsible managerial action and of failure to balance present and future.”

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