Tag Archives: long run

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long run strategy

Short Run Savings or Long Run Strategy

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What tactics drive your business outcomes? Are you looking for efficiency, effectiveness, and low cost? Do you expect to be around for a while? Using a long run strategy may help.

Short Run Savings

A CEO buys a new full-size SUV every few years. It has a big engine and she runs the lowest octane gasoline. Washing, waxing, and maintenance are a low priority.

The logic may be that saving twenty or thirty cents per gallon add ups. The tank size is twenty-five plus gallons, so every time at the pump it is a few bucks less.

Washing and waxing are a waste of time and expense. In a day or two it will rain and just be dirty again.

Oil changes happen, but only when it is convenient. The warning lights or messages are just that, a warning, you have a few hundred more miles.

This is a short run game for a vehicle that may have a life span of fifteen, twenty, or more years. The argument may be that cheaper gas runs the same, washing and waxing are overrated, and maintenance is optional. The concept may be, this is money not spent, it is money saved.

Until the check engine light and the rust spots start to appear.

Long Run Strategy

As people we often do similar things with our technology products, our appliances, our homes, and even our health. We use and consume based on a short-run game.

In business, we can cut corners, save money, remove safety equipment, maintenance less, and push harder. In the short run there may be less expense, but are you doing it for the short-run game?

A couple of pennies saved may mean dollars wasted.

The long run strategy is what seems to make the most sense. Throwing away the slightly used to replace with new, just because you can, is an option. It is also a short-run game.

-DEG

“Ooh, I want to tell you, it’s a long run” Eagles (1979)

Dennis E. Gilbert is a business consultant, speaker (CSPTM), and culture expert. He is a five-time author and the founder of Appreciative Strategies, LLC. His business focuses on positive human performance improvement solutions through Appreciative Strategies®. Reach him through his website at Dennis-Gilbert.com or by calling +1 646.546.5553.


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short steps

Short Steps Create the Long Run

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People agonize over the blunder of a poor word choice in the meeting. They cling to a mishap, some moment of failure, and the fear of a tarnished record. Short steps which create the long run story.

Quick Hits

Social media, the text message, or an email. Easy for people to state their mind, take a risk, type things they would never say out loud. A picture, video, or GIF to express the emotion.

Some things we hope are quickly forgotten; others become part of our story.

You have to eat the ice cream cone with a certain amount of haste, otherwise it will melt away. Fresh bread, a warm sticky bun, or the tomato soup lose something when not consumed in the short run.

In leadership seminars I often suggest that leading through fear is a short run game. Fear may spring people to action but it lacks in building commitment and loyalty. Inspiration is a better choice.

Short Steps

Who we become is a long run game. It is built across time. It is representative of many short steps accumulated as an image, a legacy, a career.

Behaviors, reactions, and social media posts. A text message or an email. Most of these things are thought to be short term. The impression is that they will hit and go away.

The awareness point is that these short steps, the ones you take every day, become representative of your long run game.

Do you sacrifice the future for the result of the right now, or build the future one step at a time?

The short run game matters. Good or bad the outputs become the predictor of the long game.

The desirable motion is forward, yet people are looking back to predict the future. It brings a whole new awareness to what you’ll do next.

-DEG

Dennis E. Gilbert is a business consultant, speaker (CSPTM), and culture expert. He is a five-time author and the founder of Appreciative Strategies, LLC. His business focuses on positive human performance improvement solutions through Appreciative Strategies®. Reach him through his website at Dennis-Gilbert.com or by calling +1 646.546.5553.


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