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One of the things that technology has changed is the definition of short-term and long-term.
I’ve been a part of strategic planning sessions that defined short-term as 3-5 years and long-term at 5-10. I remember facilitating a PHR/SPHR Study Group and we talked about short-term being 1-3 years and long-term being 3-5. Today, I wonder if a year is really short-term, given how fast the business world is moving!
Regardless of the actual time frame, I think we have a tendency to think of long-term activities with a different sense of priority. Same with short-term. One we need to do right now and the other we can work on later. It might not seem like a big deal, but what if we get our priorities wrong?
More importantly, can we afford to get them wrong?