Why long-term matters
- A focus on the long-term is important for several reasons. First, for a company that drives growth through innovation, a long-term approach allows for experimentation and an acceptance of short-term failures.
- Second, having a long-term orientation reduces the impact of stock price fluctuations on decision-making.
- Third, when you are long-term oriented it aligns customer and shareholder interests. In the short term, this is not always the case.
97
1.41K reads
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
The importance of perseverance
How to embrace failure as a learning opportunity
The power of innovation and creativity
Related collections
Similar ideas to Why long-term matters
Long Term Pleasure
- It’s not actual pain that drives us, but our fear that something will lead to pain.
- And it’s not actual pleasure that drives us, but our belief—our sense of certainty—that somehow taking a certain action will lead to pleasure.
- We’re not driven by t...
It’s all about the long-term…
In his 1997 shareholder letter, Jeff Bezos issued a manifesto “It’s all about the long-term” where he laid out his approach to business and to running Amazon. He pledged that decisions would be made with a long-term lens and with a focus on market leadership.
This manifest...
Long-Term Thinking
- Playing the long game puts our focus on the quality of the work, instead of being a sell-out for instant, short-term gains.
- It requires a kind of dedication and an eye towards the future while adjusting your expectations and appreciating the present moment as well.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates