The Perils of Short-Term Thinking

In our hype-driven world, some prominent leaders achieve fame by making bold claims and promoting themselves as geniuses. However, research confirms that true wisdom and excellence come from empowering teams, prioritizing quality, and cultivating long-term thinking.

Sustainable success requires valuing people over profits, craft over speed, and community over ego. It means making decisions informed by expertise and empathy rather than bravado.

The Myth of the Lone Genius

Stories of brilliant mavericks single-handedly changing the world make for great media narratives. However, academics note that most major innovations emerge from collaborative networks, not solo stars.

As Isaac Newton remarked, "If I have seen further, it is by standing on the shoulders of giants." Real progress comes from teams sharing knowledge and building on each other's work.

False Narratives About Overwork

Some prominent leaders perpetuate myths that their achievements come from working exceptionally long hours and making extreme personal sacrifices. However, extensive research confirms working excessive hours consistently reduces productivity, performance, and employee wellbeing over time.

Sustainable results come from supporting people to do their best work in humane conditions, not pushing them to exhaustion. As Sidney Dekker notes, some organizations “mistake disengagement, burnout, and negligence for heroism.” We must recognize the difference.

Short-Term Thinking Destroys Value

Obsessing over immediate results often degrades long-term reputation, returns, and stakeholder value. Research by McKinsey finds that companies focused solely on quarterly earnings underperform in resulting stock returns compared to those focused on multi-year horizons and compounding capabilities.

While maximizing short-term profits pleases some shareholders, it risks severely damaging corporate conscience, culture, and capacity for future innovation. Ethical, wise leaders consider systemic impacts beyond just this quarter.

Empower Teams Through Mastery and Autonomy

Studies confirm that enabling people to find meaning and mastery in their work breeds excellence over the long run. As Daniel Pink explains, humans intrinsically crave autonomy, mastery, and purpose. Command-and-control leadership crushes motivation and innovation.

Empowered teams who continually hone skills drive breakthroughs. Like Toyota’s andon cord, collaborative learning cultures turn problems into insights rather than placing blame. Psychologically safe environments enable sustained growth.

The Risks of Ego and Arrogance

Extensive research reveals the loudest, most arrogant leaders often lack wisdom and competence. True expertise is humble, nuanced and reflective. Wise leaders ask open questions, actively listen, and sincerely consider divergent views.

Surrounding oneself with yes-men breeds groupthink and epic blunders that could easily be avoided by promoting cognitive diversity. Actively seeking out broad perspectives counters dangerous blind spots.

If these topics resonate, I offer coaching on values-driven leadership, empowering teams, systems thinking, and long-term strategy. Reach out anytime to discuss coaching tailored to your context and goals. The road to lasting greatness starts with a single step.