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Topic: Long-Term Thinking
How can firms advance sustainable business by incorporating long-term impacts of actions in today’s decisions? Corporate short-termism is one of the most significant issues confronting both business and society today. Short-term action offers quick wins, while long-term action offers lasting success and sustainability. Businesses must take both kinds of action — but too often, they prioritize the short term.
The Latest From the Long-Term Thinking Blog
This report provides a three-step process to balance short and long-term actions, cases, common obstacles to long-term action, and ways to overcome them.
This NBS research outlines factors affecting short and long-term thinking in business, respective impacts, and remaining research needs.
In the early 90s, BASF pulled a lucrative, but toxic product from its production.
Use these four steps to make the case to integrate long-term thinking into decision-making.
Poverty alleviation is increasingly about investing “patient” capital in promising individuals with powerful ideas. And, it’s tied to economic growth.
Environmentally risky firms must pay higher interest rates to banks and higher returns to shareholders
Late! operates just like any other business; the difference is that all profits are devoted entirely to social projects.
Use this primer to introduce your colleagues and industry peers to the topic of long-term thinking or simply familiarize yourself with long-termism basics.