“Focusing on a short-term strategy makes you invisible. Focusing on a long-term strategy is a winning formula.”

Last update Aug. 11, 2021. History

“Always look at the long-term opportunity. Take a business where you can see the long-term potential, then put in a management team you can trust to execute your strategy.”

Bhanu Choudhrie (1978)

"Bhanu Choudhrie – C & C Alpha Group" https://www.thewealthscene.com/business-leaders-entrepreneurs/bhanu-choudhrie-c-c-alpha-group/, The Wealth Scene (2018)

“Having conflicting goals, dedicating resources to unconnected targets, and accommodating incompatible interests are the luxuries of the rich and powerful, but they make for bad strategy. Despite this, most organizations will not create focused strategies. Instead, they will generate laundry lists of desirable outcomes and, at the same time, ignore the need for genuine competence in coordinating and focusing their resources. Good strategy requires leaders who are willing and able to say no to a wide variety of actions and interests. Strategy is at least as much about what an organization does not do as it is about what it does.”

Richard Rumelt (1942) American economist

Source: Good Strategy Bad Strategy, 2011, p. 20

“Despite the roar of voices wanting to equate strategy with ambition, leadership, “vision,” planning, or the economic logic of competition, strategy is none of these. The core of strategy work is always the same: discovering the critical factors in a situation and designing a way of coordinating and focusing actions to deal with those factors.”

Richard Rumelt (1942) American economist

Source: Good Strategy Bad Strategy, 2011, p. 3

“Any strategy that involves crossing a valley—accepting short-term losses to reach a higher hill in the distance—will soon be brought to a halt by the demands of a system that celebrates short-term gains and tolerates stagnation, but condemns anything else as failure. In short, a world where big stuff can never get done.”

Neal Stephenson (1959) American science fiction writer

"Innovation Starvation," World Policy Journal, Fall 2011

“Strategy can be defined as the determination of the long-term goals and objectives of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals”

Alfred D. Chandler, Jr. (1918–2007) American historian

Chandler (1962) Strategy and Structure. p. 13.

“A policy therefor might be likened to strategy, the broad, overall, long term conception which gives direction and purpose to the tactics of immediately daily operations and decisions.”

Lawrence K. Frank (1890–1968) American cyberneticist

Cited in: Atlee L. Stroup (1966) Marriage and Family: A Developmental Approach. p. 593
National Policy for the Family (1948)

“A job is only a short-term solution to a long-term problem.”

Robert T. Kiyosaki (1947) American finance author , investor

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!

“In the short term, it would make me happy to go play outside. In the long term, it would make me happier to do well at school and become successful. But in the VERY long term, I know which will make better memories.”

Bill Watterson (1958) American comic artist

Source: It's a Magical World: A Calvin and Hobbes Collection

“In the short term, natural selection favors self-propagating systems that pursue their own short-term advantage with little or no regard for long-term consequences.”

Theodore Kaczynski (1942) American domestic terrorist, mathematician and anarchist

Source: Anti-Tech Revolution: Why and How (2015), p. 44

“Focusing on a short-term strategy makes you invisible. Focusing on a long-term strategy is a winning formula.”

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