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Balancing shortterm performance with long-term sustainability from "summary" of The Mind of the Leader by Rasmus Hougaard,Jacqueline Carter
Balancing short-term performance with long-term sustainability is a critical challenge that leaders face in today's fast-paced and ever-changing business environment. It requires a delicate balancing act between achieving immediate results and ensuring the organization's long-term success. Leaders must be able to focus on both short-term goals and long-term vision simultaneously. This means making decisions that will not only benefit the organization in the short term but also set it up for sustainable growth in the future. It involves considering the impact of their actions on various stakeholders, including employees, customers, and the community at large. To achieve this balance, leaders must adopt a strategic mindset that allows them to see the bigger picture and anticipate potential challenges and opportunities. They need to be able to think beyond quarterly profits and consider how their decisions will impact the organization's reputation, culture, and overall sustainability over time. Leaders who successfully balance short-term performance with long-term sustainability are able to inspire trust and confidence among their teams. They are seen as visionary leaders who are able to steer the organization in the right direction, even in the face of uncertainty and complexity.- Achieving this balance requires leaders to prioritize both short-term performance and long-term sustainability in their decision-making processes. By doing so, they can create a more resilient and successful organization that is able to thrive in today's competitive business landscape.
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