Friday, August 23, 2013

When Is Planning a Waste of Time?

As they say in carpentry, "Measure twice. Cut once." We've all experienced what happens when we didn't plan [measure] correctly, and there wasn't an easy fix. Hopefully the frustration or embarrassment was enough to learn the lesson that adequate planning for success is important.  In addition, most of you reading this will be familiar with the concept of "Q2" or "Important, but not Urgent" activities like planning & strategizing, and specifically how these typically need to be a higher priority for most people in business to be more successful.  HOWEVER it is hypercritical to realize that TOO much planning is akin to paralysis by analysis.