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Posted by on Nov 14, 2009 in Business Development | 0 comments

Bonsai: A Lesson in Long-Term Planning

Recently, I bought a bonsai tree for my work desk. There are shoots sprouting up everywhere and it’s getting to the point where I need to start pruning — an essential element in developing a bonsai tree.

As bonsai trees take a very long time to grow into beautiful pieces of art, planning and vision is essential. It’s not about what looks good now, it’s about what it will look like in the 10, 20, 30 years from now.

The same is true for business. Though you need to overcome many hurdles now, what do you envision your company to be in 5 years? CEOs are often faced with this question. Based on the vision, it’s about finding practical strategy to get there.

Just as clipping the new growth is an action that will make my bonsai tree beautiful 10, 20, 30 years from now, so too are the actions of business leaders. Industry, product, location, clients, team are many of the elements that make-up the vision. It is the culmination of those actions that makes that vision attainable.

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