“Long-range planning does not deal with future decisions, but with the future of present decisions.” – Peter Drucker
In a world that’s rapidly changing and evolving, one of the key qualities that sets successful companies apart is the ability to think long-term. Embracing the long game is about more than just setting future goals; it’s about being proactive, flexible, and adaptive in the face of change. It’s about anticipating future trends and adapting your strategies to stay ahead.
Take Netflix, for example. In the late 1990s, they started as a DVD-by-mail service, competing with traditional video rental stores. But the founders of Netflix saw the future of streaming long before it became a reality. They recognized the potential of the internet to revolutionize how we watch movies and TV shows. While other companies were focused on short-term profits, Netflix was investing in streaming technology. Today, Netflix is the leading streaming service globally, with millions of subscribers.
Embracing the long game requires a shift in mindset. It’s about prioritizing sustainable growth over quick wins. It’s about making decisions that might not pay off immediately, but will set your company up for success in the long run.
Of course, this doesn’t mean you should ignore short-term goals. But it’s crucial to balance these immediate objectives with a clear vision for your company’s future. After all, the decisions you make today will shape your company’s future.
Action Step: Take some time today to think about the long game for your business. Are your current strategies aligned with your vision for the future? What changes might be on the horizon, and how can you prepare for them?
For further insights into the power of forward thinking in business, I encourage you to delve into the book, “Delivering Happiness: A Path to Profits, Passion, and Purpose“.
Remember, success is a marathon, not a sprint. Embrace the long game.