Patience has all but disappeared. From sports to business there is no tolerance for lack of performance NOW.
Tis the season for speculation around coaching changes in both college and pro football to reach the normal fever pitch. Colorado, Kansas, Notre Dame, Cleveland Browns, Buffalo Bills, Dallas Cowboys and the list goes on.
It makes you wonder whether the instant gratification demanded by our nationwide obsession with sports has spilled over into other areas of the business world.
The tenures of CEOs have dramatically fallen and the investing horizon of venture capital has been cut in half. Nobody has the patience to build anymore whether it be a college program or a company. Even in government our legislators think they can fix endemic long-term economic programs by cranking up the printing presses and flooding the market with stimulus packages. Fix it NOW – we need to be re-elected.
What happened? Or more importantly, how do we fix it? Perhaps the answer is too be found with our athletic directors and owners of sports franchises. Perhaps they hold the real key to the public consciousness.