The Jeff Bezos School of Long-Term Thinking

“If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people,” Bezos told Wired in 2011. “But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that.”

via The Jeff Bezos School of Long-Term Thinking :: Tips :: 99U.

Most independent schools have a three or five-year strategic plan. However, many are also moving away from such traditional and time-bound structures, and putting in place more fluid and flexible long-range plans. I wonder how Bezos’ ideas of investing on a seven-year time horizon would work in an independent school. Are corporate entities like Amazon all that different in their strategic thinking than independent schools? (Recognize that I’m viewing this question from 30,000 feet; the ground realities of Amazon and schools are expectedly different.) The greater question that this quote raises for me is how businesses and schools can effectively balance short-term priorities with long-term goals. What does that look like?

I encourage you to read the rest of the article for more ‘food for thought’ (click here). Talking about food, I love Bezos’ two-pizza rule: “if a team couldn’t be fed with two pizzas, it was too big.”

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.