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Promotion of people with short-term, action bias

People promoted to run top companies are typically selected for the ability to deliver immediate targets; this focus often makes them poorly equipped to take the more distanced, historical perspective necessary to spot the long-term trouble brewing.

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Promotion of people with short-term, action bias
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Availability heuristic
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Bandwagon effect
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Beneffectance
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Confirmation bias
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Hyperbolic discounting
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Information cascade
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