Long term thinking
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Description
What is long term thinking?
--- Strategic management is concerned with
- the determination of the basic long-term goals and the objectives of an enterprise,
- and the adoption of courses of action
- and allocation of resources necessary for carrying out these goals.
Alfred Chandler, 1962
'Long term thinking', 'Ethical decision making' and 'Operational Strategy', falls under the heading of strategic management.
Thinking about the concept
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Relations of Long term thinking within Corporate futuring (and Organisational futuring)
There exists a close vertical relationship within Corporate futuring:
- Outer focus: Operational Strategy
- Other focus: Ethical decision making
- Inner focus: Long term thinking
On the Inner focus level, a direct affiliation exists with:
Corporate futuring and Organisational futuring intertwine, on the Inner focus level, through:
In concrete terms, this means:
- The trio - 'Long term thinking', 'Ethical decision making' and 'Operational Strategy' - is inextricably linked.
- Your 'Long term thinking' contributes substantially to 'Supporting' and 'Appreciation'.
- To convert your 'Long term thinking' into 'Supporting', you need 'Collaboration'. Even so, to enhance 'Appreciation', you need the right 'Motivation'.
Questions we can ask ourselves when contemplating our Long term thinking
- Does our 'Long term thinking' support our 'Ethical decision making' and our 'Operational Strategy'?
- Does our 'Long term thinking' trigger 'Appreciation'?
- Are we 'Supportive' because of our 'Long term thinking'?
- Does our Long term thinking act as a collider or a mediator between 'Appreciation' and 'Supporting'?