Tag Archive for: managerial leadership
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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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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.
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In my last blog post I provided my comments on Bower and Paine’s…