Ever find yourself trading away the long term in order to take care of the short term?  We’ve all been there.  It happens when the desperation of the moment overwhelms the needs of tomorrow.  What if anything can be done about it?  In writing about this issue, Peter Drucker wrote that "If a manager does not take care of the next hundred days, there will be no next hundred years."  At the same time, Drucker pointed out that a good manager keeps track of the sacrifice imposed on the long-range future or its immediate interests and then repairs any damage as soon as possible. 

Here’s the obvious question: have you been repairing the damage to your position?  We’re all making trade-offs.  If you want to stay the course, you’ll need to learn to repair the damage.

Immediate Future vs. Long-Range Future