Cover for Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long Term

Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long Term

David M. Cote

Leadership & Management

Summary

Key Facts and Insights

  1. Importance of Balance: Success in business is not about prioritizing short or long-term objectives, but rather about finding the right balance between the two.
  2. Value of Persistence: Companies must be persistent and patient when investing in long-term objectives, as the results may not be visible immediately.
  3. Performance Culture: Establishing a performance culture within the organization is vital to driving short-term results and long-term sustainability.
  4. Effective Leadership: Good leaders are those who can make tough decisions, manage risks, and motivate their teams to strive for both short and long-term goals.
  5. Role of Innovation: Innovation is not...

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