BlueSky Thinking Summary

The article explains the value of patience and long-term thinking in a culture driven by notions of immediate results.

It warns against quick fixes in corporate decision-making, using examples to show how quick actions, like CEO pay cuts to satisfy immediate gain, can result in long-term damage by earnings manipulation.

This paper proposes hiring and promoting based on potential toward long-term expectations, rather than qualifications toward short-term immediacy, as a means of establishing credibility and motivation within an organization.

Psychological insights underline the gains made from contemplating one's future self as a sure way of deterring acts of unethical behavior that are driven by short-sighted impulses.

Probably more relevantly, science has disproved the notion that youth is the age of greatness;

on the contrary, it is later in life when real breakthroughs are made.

Life experience generally tends to hold greater sway over youthful exuberance, even in circles that border on entrepreneurship.

Urgency, if it had to have a place at all, cultivates patience and foresight for more enduring success.

Life's a journey—good things really do come to he who waits.