Long-term Thinking in Organizations

Tom Barnett, Michael James Bowes, Jerry White and Anwar Zaib

Vision, 2017, vol. 21, issue 2, 109-128

Abstract: Long-term thinking is investigated in five sectors: energy, finance, hotels, mining and pharmaceuticals. 1 The objectives of the study were to ascertain the prevalence of long-term thinking in these sectors. In addition, the benefits and barriers of implementing long-term thinking in these sectors were assessed. The research method incorporated a combination of qualitative and quantitative data collection. Within each sector, target companies were selected based on criteria of relevance and accessibility. Individuals were then identified for questionnaire administration and/or interview participation. Respondents consisted of Board executives and senior and middle managers, selected as being directly involved with strategic decision making.

Keywords: Long-Term Thinking; Business Organizations; Short-term Thinking; Sustainable Growth; Energy; Finance; Hotels; Mining; Pharmaceuticals (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:sae:vision:v:21:y:2017:i:2:p:109-128

DOI: 10.1177/0972262917699656

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