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Longterm thinking leads to sustainable growth and stability from "summary" of Built to Last by Jim Collins,Jerry I. Porras
Visionary companies prioritize principles and values that transcend immediate financial gain. They cultivate a mindset that values enduring impact over short-lived success. By embedding core ideals into their culture, these organizations craft a robust foundation that guides decisions, even in turbulent times. This unwavering commitment to core values provides clarity, enabling leaders to navigate challenges with resilience. Sustained investment in long-term initiatives creates a ripple effect, fostering innovation and adaptability. By focusing on the future rather than reacting to fleeting trends, these companies cultivate a culture of continuous improvement. This dedication allows them to remain relevant and competitive, as they invest in their people and processes for the long haul. The interplay between a strong vision and a commitment to stakeholder welfare becomes evident. Rather than merely pursuing profit, visionary companies engage deeply with their communities and envir...
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