Q66 In the AI era, how many years ahead should you plan?
Chapter 8 Strategy and Innovation
The Short Answer
The faster the times change, the further into the future you should stand when thinking about today.
Unpacking the Question
In the AI era, how many years ahead should a company plan?
AI evolves quickly,
and markets,
technologies,
and ways of working are changing one after another.
That is why "long-term planning is meaningless" is a view you often hear.
And yet I believe the opposite.
The faster the times change, the more you need a distant destination.
Without a destination, you are tossed about by whatever change is in front of you.
A new technology appears and you leap at it;
a competitor moves and you chase it.
Repeat that cycle, and your company forever does nothing but react to other people's changes.
That is exactly why what you must draw first is the future ten years out, or even further.
What kind of company do we want to become?
What kind of value do we want to leave to society?
Draw that future,
work backward from it,
think through this year,
and decide today's actions.
Future Value Theory proposes management that works backward from the future.
A long-term vision is not a device for predicting the future accurately.
It exists so that even amid change, you never lose your direction.
If the destination is clear, you are free to change the road along the way.
Technology may change, markets may change — means can be revised endlessly.
But lose the destination itself, and you no longer know where you are heading.
What the AI era requires is not an unchanging plan.
It is an unchanging will toward the future, and an execution plan that never stops changing.
Implications for Management
The faster the times change, the more a long-term vision matters.
What matters, though, is not a detailed ten-year plan.
What you need is "What future are we aiming for?" — that sense of direction.
Means and plans may change.
But change the destination itself, and the company is swept along by events.
Management in the AI era means not defending a fixed plan, but holding a fixed will toward the future while flexibly changing your methods.
How Would You Answer?
From how many years into the future are you making today's decisions?
And is that future one you chose yourself?