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The Balance Between Long Term and Short Term Focus

Whether you are working for a corporatedesign a new product. And once these new
organization or you are manager of a smallproducts are available for testing and
business - in that case you are closer toselling, your business should shift some of
being an entrepreneur - we all deal with theits attention to this new product. Now you
topic of short term versus long termhave at least two things to offer. What will
focus.Sales activities are known to be shortyou  sell  and  to  whom?
term focused, for the simple reason that you
cannot sell something that doesn't exist.How do you solve this ever lasting topic of
There are a few exceptions, for example, thefocusing not only on core business but also
new Airbus is sold when there was only aon current core business and tomorrows'
prototype and in the construction area,business?It Seems more difficult than it
apartments these are first sold, before thereally is. Even if you would think otherwise
complete building is finished.Yet in mostnot in the last place because of ever lasting
cases, there is a clear line between the two.discussions about priorities.To solve this,
Product development or new businessyou need to know what you have always done.
development are activities that require aThat is always the best starting point for
long term focus. You need to think in trendsany next step in business. How have we done
and any business case in such an area isso far and were we successful? Most of the
always speculative up to a certaintime - you may not agree with what you see
point.Information technology is also an areawhen you look in the mirror, but it never
that favors future possibilities rather thanlies. Just accept it and follow that
current quick wins. Maintenance activitiescourse.© 2006 Hans BoolHans Bool is the
also have a more short term focus. You mayfounder of Astor White a traditional
prevent future incidents, but most of themanagement consulting company that offers
budget is spend on day-to-day issues.Butonline management advice. Astor Online solves
someone in your organization should take theissues in hours what normally would take
decision to build this new system. A teamdays.
should agree to start this new business
development. Another team should agree toYou can apply for a free demo account.



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