Sunday, April 28, 2013

Business - Dealing with the Future

Business, more than any other occupation, is a continual dealing with the future; it is a continual calculation, an instinctive exercise in foresight.

Henry R. Luce

How true that saying is. Our survival depends on how we handle the future. Unfortunately many business people and politicians ignore this valuable lesson. We only have to look at the end result of the MBA explosion in the 1980's to realise this. The living out of a short term strategy and maximisation of short term profit led directly to the Great Financial Crisis that hit us in the late 2010's and is still with us today.

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