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Long term orientation means that a company or an individual has set focus on long term goals, even if that means that they have to let go of certain immediate success. It focuses on major aspects like persistence, ability to adapt, constant handwork and saving for the future.
orientation. 1  an orienting or being oriented. 2  position with relation to the points of the compass. 3  the planning of church architecture so that the altar is in the east end. 4  familiarization with and adaptation to a situation or environment; specif.,rientation. noun. 1  The act of orienting or the state of being oriented. 2  Location or position relative to the points of the compass. 3  The construction of a church so that its longitudinal axis has an east-west direction with the main altar usually at the eastern end.