Long journey unless they can see tangible short-term payoffs

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Reference no: EM132221164

Success breeds success. Most people won't go on a long journey unless they can see tangible short-term payoffs. Strategic leaders look for ways to obtain clear gains in performance, however small, and reward people who are involved through personal recognition, promotions, and bonuses. While short-term wins are important for building momentum, a wise strategic leader will not become focused on short-term performance. Nevertheless, commitments to short-term wins can help keep the urgency level up and force analytical thinking that can clarify and revise the vision, if necessary.

Reference no: EM132221164

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