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."

Overcoming the tendency to fixate on the present is something that ACORD works hard to accomplish, and Maciag's remarks on Wednesday focused squarely on the vision of ACORD for the future. "We are looking ahead not just to the next year, but to the end of this decade," he says. "Our vision for 2020 is already taking shape."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.