Business Strategy Advisory
I am a HUGE proponent of the fail fast mentality. Try something new. If it doesn’t work, cut your losses and move on. “Fail fast," however, it is not an excuse to just try anything. If I said, I’m going to try to jump off the Sears Tower and walk away, everyone would say I was crazy. Common sense, the number of people who have died falling from lower heights, and the laws of physics all say that is not a good idea. The same goes for business.
A new year means it is new budget and new project time. Everything on the status chart is green and we resolve to keep it that way. However, in the back of our minds, we fear this year will end like the last as a desperate race to get our deliverables completed just under the wire. How do things always seem to go off track and what can be done to prevent it?
When setting short-term goals, it is important that they are inextricably aligned with your long-term objectives. Failure to do so may result in enjoying Cincinnati chili instead of California chardonnay.