Surowiecki on the difficulty of short-term thinking

Surowiecki on the difficulty of short-term thinking in business. “It’s no wonder that management theory is dominated by fads: every few years, new companies succeed, and they are scrutinized for the underlying truths that they might reveal. But often there is no underlying truth; the companies just happened to be in the right place at the right time.”

• business
• James Surowiecki