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A comment on Failure Mode: Welchification.
* the focus on short term shareholder returns over long-term shareholder value, typified by giving executives short term options as incentives
* causing a myopia that can lead a company to bad patterns like deprioritizing R&D or focusing on financial engineering over product improvement
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* the focus on short term shareholder returns over long-term shareholder value, typified by giving executives short term options as incentives
* causing a myopia that can lead a company to bad patterns like deprioritizing R&D or focusing on financial engineering over product improvement