{"id":3414,"date":"2014-11-22T09:49:06","date_gmt":"2014-11-22T00:49:06","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=3414"},"modified":"2014-11-25T09:51:22","modified_gmt":"2014-11-25T00:51:22","slug":"the-economist-november-22","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=3414","title":{"rendered":"The Economist (November 22)"},"content":{"rendered":"<p><span style=\"font-size: 14px; line-height: 1.5em;\">It has become fashionable to praise long-termism and deplore the corrosive influences of short-termism, but this is simplistic. \u201cLong-termism and short-termism both have their virtues and vices\u2014and these depend on context. Long-termism works well in stable industries that reward incremental innovation.\u201d In other businesses, however, long-termism \u201cis a recipe for failure\u201d and success goes to those who can constantly \u201cabandon their plans and \u2018pivot\u2019 to a new strategy, in markets that can change in the blink of an eye.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It has become fashionable to praise long-termism and deplore the corrosive influences of short-termism, but this is simplistic. \u201cLong-termism and short-termism both have their virtues and vices\u2014and these depend on context. Long-termism works well in stable industries that reward incremental innovation.\u201d In other businesses, however, long-termism \u201cis a recipe for failure\u201d and success goes to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1235,4293,4290,577,1831,4291,4292,1267,2074],"class_list":["post-3414","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-failure","tag-incremental-innovation","tag-long-termism","tag-markets","tag-pivot","tag-short-termism","tag-stable-industries","tag-strategy","tag-success"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3414"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3414\/revisions"}],"predecessor-version":[{"id":3415,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3414\/revisions\/3415"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}