Breaking Short-Termism. It's the Business Education, Stupid (Ofmos Newsletter)
It's the Business Education, Stupid!

                                
                        
                            Breaking Short-Termism

                        
                        
                            Super excited and grateful to announce that I will be teaching an online course focused on the Ofmos way of thinking as part of the Stanford Continuing Studies program. (Thank you, Hal and Jennifer, for taking a chance on me!)

                        
                    
                                
                                    
                                        
                                    
                                
                            
                
                        
                            With this heads-up, I wanted to also share with you the Problem section of the presentation "Breaking the Wall of Short-Termism" that I gave, coincidentally, at Stanford in September 2018. It is a topic that continues to grow in importance, and the Spring course will provide valuable insights and a new way to think about it. Stay tuned! —Cristian

                        
                        
                            It's the Economy, Stupid!



The Problem:

                        
                


    
        
        
            
            
            

            
            
        
        
    
    
        
            This is a great time to be alive, historically speaking. As a society, though, we could do better. ... In fact, things are not going well.

        
    



    
        
        
            
            
            

            
            
        
        
    
    
        
            But why?... Thousands of years of history should have pointed us in the right direction.

        
    






            
                


    
        
        
            
            
            

            
            
        
        
    
    
        
            Although short-termism is hardwired in all of us, we’ve learned to use theories to understand and act upon complex, long-term patterns.

        
    



    
        
        
            
            
            

            
            
        
        
    
    
        
            Why the mess then? ... Well, we are a people with a business mindset. Business is everywhere.

        
    






            
                


    
        
        
            
            
            

            
            
        
        
    
    
        
            And that is key here. The knowledge that we are using, as shapers of our society, has never really caught up with the reality. And the ongoing unraveling of the MBA, as the pinnacle of business education, puts the spotlight on the problem's core.

        
    



    
        
        
            
            
            

            
            
        
        
    
    
        
            Quite confidently, we can say that most of the societal ills are rooted in our limited understanding of how businesses and economies work in the long run.

        
    






            
                        
                            Start Small

                        
                


    
        
        
            
            
            

            
            
        
        
    
    
        
            Experience the Ofmos way of thinking in its simplest form with the tabletop business simulation Ofmos Classic.

        
    






            
                            