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How to Build a Strategy for ‘the Long Game’
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How to Build a Strategy for ‘the Long Game’

Knowledge at Wharton·Knowledge at Wharton Staff·about 1 month ago
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Business leaders often find themselves focused on short-term goals that distract them from creating a longer-term strategy. According to Paul Schoemaker , research director for Wharton’s Mack Institute for Innovation Management, that is only one of the barriers to being more strategic. Knowledge at Wharton recently discussed strategy with Schoemaker, whose new book with Steven Krupp, Winning the Long Game: How Strategic Leaders Shape the Future , addresses this challenge. An edited transcript of the conversation follows. Knowledge at Wharton: What challenge did you see for leaders that led you to write Winning the Long Game ? Schoemaker: We deal with a lot of leaders. They tell us, especially managers who want to be leaders, that they are often given feedback during the performance review that they are doing very well operationally and their execution skills are great.…

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