True or false? If one horizon begins to underperform, you should reallocate resources to those initiatives until they start performing well.
True
False
Choose an option to see if it’s correct. Check the explanation below.
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Explanation: True or false? If one horizon begins to underperform, you should reallocate resources to those initiatives until they start performing well.
Explanation: The correct answer is **False**. Within the three horizon framework, each horizon represents a distinct set of initiatives and goals aimed at different timeframes and objectives—short-term, mid-term, and long-term. While it's important to monitor the performance of initiatives within each horizon, reallocating resources solely based on underperformance in one horizon can be counterproductive and short-sighted. Instead, a more balanced approach involves assessing the overall strategic alignment and progress across all horizons and making informed decisions about resource allocation based on the organization's overarching goals and priorities. Underperformance in one horizon may be due to various factors such as market conditions, internal challenges, or the nature of the initiative itself, and simply reallocating resources without addressing underlying issues may not lead to sustainable improvements. Therefore, it's essential to take a holistic view of the three horizons, considering the interplay between short-term, mid-term, and long-term objectives, and making strategic adjustments that support the organization's long-term success and viability. Thus, the statement that one should reallocate resources solely based on the underperformance of one horizon is false, as it disregards the comprehensive strategic approach required by the three horizon framework.
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