Firms urged to think long term


  • Business
  • Wednesday, 02 Jun 2004

MANY local firms are falling into the “short-termism” trap, with the attraction of immediate gains overshadowing long-term goals that create more sustainable wins, a management consultant said. 

That is one of the reasons there are few truly global Malaysian brands and no local world-class companies that excel in their design, research and development capabilities, according to Vital Factor Consulting Sdn Bhd chief executive officer Tan Wooi. 

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