https://barrylinetsky.com/wp-content/uploads/2019/09/Economic-Thinking-Banner-8.png 554 1440 Barry Linetsky https://barrylinetsky.com/wp-content/uploads/2017/03/RDean-BLL-Logo-Blue-300x44.png Barry Linetsky2019-12-16 13:03:252019-12-16 13:03:28The Solution Is In How We Solve Problems
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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Henry Hazlitt does an excellent job presenting the importance of recognizing and always taking into consideration the likely unseen and unintended consequences of intended action in the realm of economics in his classic book Economics in One Lesson.