Strategy Myopia

I hadn’t heard of the concept of strategy myopia until I read the recent article, How To Avoid Strategy Myopia in the Harvard Business Review.

Myopia, in medical terms, generally refers to the inability to see far away items clearly.;In this business context, the concept is a simple one—strategy myopia is when planning practices prioritize the urgent, the proven, and the easily measured. It is the tendency to make those plans about short-term issues and not about long-term positioning.

This habit among executive teams pushes “reliable strategic plans” instead of those embracing innovation and . . .