Overcoming Short-Termism: Understanding Cognitive Biases In Times Of Uncertainty

This is a positive message and an important one. 

Management processes may be broken, our economy is struggling and long-term value creation has taken a backseat, but we can turn these pressures into opportunities. 

John Hagel, co-chairman of the Deloitte Center for the Edge, shares incredible insights on his blog about the world we live in and our natural responses to facing times of high uncertainty. 

He has painted a picture of hope and collaboration, and I would like to share it with you here, in form of an actual picture. 

You can use the ideas below to expand the long-term mindset in your organization. Short-termism can be overcome by understanding its triggers and by bringing together three elements: opportunity based narratives, platforms and people.

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