Monetarily-focused describes a strong emphasis or primary concern on financial matters, monetary gain, and economic outcomes. This perspective prioritizes the generation, accumulation, and management of money and other forms of wealth above other considerations. Individuals, organizations, or policies described as monetarily-focused often make decisions based on their potential financial impact, seeking to maximize profit, minimize cost, and optimize return on investment. The term implies that monetary value is the central, often overriding, factor in decision-making and the allocation of resources, potentially at the expense of other values such as social impact, ethical concerns, or environmental sustainability. This mindset shapes actions by considering financial profitability as the main driver and assessment parameter.
Monetarily-focused meaning with examples
- The hedge fund's investment strategy was intensely monetarily-focused. Every decision, from acquiring assets to selling shares, was solely based on maximizing returns. They demonstrated little regard for the long-term impact on the industries they were invested in or the employees affected by their strategies, solely prioritizing profit margins and capital gains. This singular focus led to both substantial financial successes and considerable ethical criticism.
- The new CEO adopted a monetarily-focused approach to the company's restructuring. All departmental budgets were scrutinized with the objective of maximizing profit. While the financial results improved, employee morale and product quality suffered due to cuts in research and development and the pressure to reduce labor costs, illustrating the downside of a narrow focus on financial metrics.
- The government's economic policy was often criticized for being overly monetarily-focused. Tax reforms and regulatory changes were consistently evaluated based on their potential impact on GDP growth and financial markets, sometimes to the detriment of social welfare programs and environmental protection. The emphasis on attracting foreign investment reinforced this, making it difficult to address income inequality.
- Many argue that venture capital firms are inherently monetarily-focused. Their primary goal is to find and invest in businesses with the highest potential for financial return, rather than focusing on the societal value of those businesses. Therefore, the emphasis remains on finding businesses that create value through monetary means, and these firms tend to fund companies that produce products and services with a clear path to high profitability and high-volume sales.