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Former President George H. W. Bush famously quipped about what happens without “the vision thing,” a tendency to lose sight of long-term objectives because of the focus on near-term priorities. That tendency exists not only in government, but in businesses and other organizations as well.

“We trade off the future for the present all the time,” says ACORD President and CEO Gregory A. Maciag. “Sometimes it is done on purpose for financial reasons, but most often it happens unintentionally simply because the future offers less clarity than the present does.”

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