Short-term-minded

Characterized by a focus on immediate benefits, gains, or results, often at the expense of future consequences, long-range planning, or broader considerations. This perspective prioritizes readily achievable goals and quick returns, frequently neglecting the potential for sustained growth, strategic development, or the well-being of a larger system (e.g., environment, society, company). Decisions made with a short-term-minded approach tend to be reactive rather than proactive, favoring solutions that offer immediate gratification over those that build long-term resilience or sustainability.

Short-term-minded meaning with examples

• The company's decision to cut research and development spending in favor of higher quarterly profits was a prime example of short-term-mindedness. While boosting immediate shareholder value, it jeopardized the company's ability to innovate and compete in the future. This shortsighted approach ultimately hurt the company's prospects in the long run, illustrating the downsides of prioritizing immediate gains over long-term strategic thinking.
• The politician's insistence on lowering taxes immediately, without considering the potential impact on public services or the national debt, demonstrated a short-term-minded strategy. This approach aimed to win favor with voters in the short term, even if it compromised the long-term fiscal health of the country. This emphasis on popularity over responsible governance exemplifies the pitfalls of short-term-minded political decisions.
• Faced with a sudden economic downturn, the homeowner's decision to sell their house at a reduced price to cover their immediate needs was short-term-minded. While alleviating the immediate financial burden, the homeowner sacrificed the long-term appreciation of their property. This reaction to financial stress is a clear example of prioritizing a short-term solution rather than focusing on long-term financial planning.
• The investor's strategy of chasing quick profits from volatile stocks, without considering the underlying fundamentals of the companies or the long-term market trends, was a short-term-minded approach. This high-risk strategy potentially led to significant gains or losses in the short term. It demonstrated a focus on immediate returns while neglecting risk management and the potential for lasting investment success.