https://barrylinetsky.com/wp-content/uploads/2021/04/laura-chouette-FZS9kYXpH0I-unsplash-scaled-e1619715315162.jpg 1299 2560 Barry Linetsky https://barrylinetsky.com/wp-content/uploads/2017/03/RDean-BLL-Logo-Blue-300x44.png Barry Linetsky2021-04-29 12:56:462021-04-29 12:56:48If You Are An Organizational Leader, You Need To Plan
A plan is just a road map or compass to get you from one place to another. It need not be overly complicated, but it needs to be detailed enough to serve its purpose. Anything done long-term requires a plan to guide thinking and outline intentions and boundaries for employees in getting work done and serving the larger business purpose and objectives.
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Margaret Atwood’s book The Handmaid’s Tale (1985) is an easy to read and beautifully written cautionary dystopian tale of how quickly and easily totalitarianism can destroy the freedom we take for granted.
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A strategic plan is an essential management process and tool. It significantly contributes to organizing the thinking and actions required to ensure a valued and profitable use of resources sufficient to sustain and enhance the profitability and continued existence of the business or organization.
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Strategy is the roadmap for success. It is an articulated expression of what the organization strives to achieve, and how it will go about doing so.
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It is a common perspective amongst leaders that an organizational statement of purpose must be short, memorable and motivating like the world’s greatest marketing slogans or brand tag lines. What these executives are never able to validate is why this is better or more important than a more comprehensive statement that explains and communicates the purpose of the business.
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The key to benefitting from failure does not reside in failing. Failing is not a virtuous act.
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Throughout his roughly forty-five-year career, from Kansas City, Missouri, to California and Florida, Walt Disney marched towards a higher vision of possibility and actuality as seen in contrast to the “failed” solutions of business and urban planning conventions. He was an innovator.
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In the right context and when appropriately framed, the identification of failure is one the best way to scout out and identify the possibilities for improvement. To the keen entrepreneurial eye, the failure of others can shine light on potential opportunities.
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There is a strange idea that has been floating around the world of management for the past few decades. It is this: failure is good and should be both encouraged and embraced.
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With the recent interest in applying Austrian economic theory towards a better understanding of managerial effectiveness, there is value in reflecting on Walt Disney’s career through an Austrian lens.
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A technique to improving managerial performance when planning is to take into account the second and third-order consequences and implications of one’s actions across an expanding time period. The farther out one is able to project and consider, the better.
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The term praxeology is used to convey the general scientific study of human behaviour as differentiated from the study of the clockwork deterministic physical scientific world of natural stuff void of consciousness.