Motivating stakeholders to back innovative ideas requires having a captivating vision for the future.?Employ scenarios and narratives to lend a tangible and thrilling aspect to this prospective. This method has the potential to cultivate a sense of shared enthusiasm and purpose by enabling stakeholders to visualise the potential impact of innovation in long term. Provide case studies or instances of innovative approaches that have resulted in positive outcomes, with a focus on the lessons learnt and their potential to future initiatives. This not only establishes credibility but also provides stakeholders with a practical comprehension of how innovation can serve as a catalyst for organisational growth and improvement in the longterm.

When advocating for long-term innovation over short-term results, focus on shifting the narrative from mere immediate gains to sustainable growth. Highlight real-world examples where visionary approaches led to game-changing outcomes. For instance, investors often gravitate towards incremental solutions, but it's the disruptive, long-term innovations that truly transform industries. Encourage stakeholders to view innovation as a cumulative process—where even what seems impossible today can be achieved with the right resources and mindset. By fostering this mental shift, stakeholders can embrace risk, align with long-term strategies, and witness sustainable success.

Scheduled discussions to review the strategy and its impact reinforce accountability and adaptability. These sessions provide opportunities to recalibrate goals and maintain focus on long-term objectives, ensuring that all stakeholders remain aligned and motivated throughout the journey.

First, I would illustrate how long-term initiatives align with the organization’s strategic objectives, showcasing their importance for sustainable growth and competitive advantage. Engaging stakeholders in discussions about the innovation strategy fosters a sense of ownership and enhances buy-in. I would also pursue smaller-scale innovation projects that deliver quick wins, serving as proof of concept for larger investments. Moreover, emphasizing how long-term innovation mitigates risks from market volatility would reinforce the strategy, supported by case studies highlighting metrics like increased customer satisfaction and revenue growth.

Short-term thinking is a mirage in the desert of progress. True innovation isn't a sprint; it's a marathon that reshapes the landscape. To focus solely on immediate gains is to trade tomorrow's forest for today's kindling. The visionary sees beyond the horizon, planting seeds that future generations will harvest. Remember: every groundbreaking innovation was once a "risky long-term bet." By aligning stakeholders with a bold vision, you're not just securing profits—you're architecting legacies. In the grand chess game of business, long-term innovation is your kingmaker.