Myopic management is criticized for prioritizing which of the following?

Prepare for the ATAP Certified Threat Manager Test. Dive into questions with detailed explanations. Equip yourself for success in your CTM exam journey!

Myopic management is characterized by a focus on short-term gains and immediate results at the expense of long-term sustainability and growth. This approach can lead to decision-making that prioritizes instant gratification or quick financial returns while neglecting the broader implications of those decisions on an organization's future. As a result, organizations might miss opportunities for innovation, strategic development, or resilience against future risks.

In contrast, factors like strategic alliances, holistic development approaches, and comprehensive risk assessments are more aligned with a long-term perspective. These elements typically involve looking beyond immediate outcomes to consider how actions today will influence future success and stability. Myopic management, therefore, is often criticized because it can compromise the foundational health and viability of an organization by disregarding these essential long-term strategies.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy