Usually means: Prioritizing local goals over global.
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We found 8 dictionaries that define the word suboptimization:

General (4 matching dictionaries)
  1. suboptimization: Longman Dictionary of Contemporary English
  2. suboptimization: Merriam-Webster
  3. suboptimization: Collins English Dictionary
  4. suboptimization: Wiktionary

Business (2 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. BusinessDictionary.com (No longer online)

Computing (2 matching dictionaries)
  1. Suboptimization: Cybernetics and Systems
  2. suboptimization: Encyclopedia

Definitions from Wiktionary (suboptimization)

noun:  The optimization of a subunit (or series of subunits) of an organization without good coordination with other subunits, resulting in the whole organisation's outcome or output being less than optimal.

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