How to overcome management myopia

11/29/2009 |

Too many leaders allow their teams to dwell entirely on internal issues, writes Art Petty -- and their shortsightedness puts them at a serious competitive disadvantage. "Myopic firms miss market moves and focus incorrectly on improving yesterday's systems and products," Petty notes. Only by keeping their teams focused on external forces can leaders meet their customers' needs and stay ahead of the competition, Petty argues.

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