Posts Tagged ‘strategic planning’
The One Huge Mistake Everybody Makes in COVID-19 Coronavirus Pandemic Preparation
Official guidelines for COVID-19 coronavirus pandemic preparation assume a wildly optimistic scenario due to dangerous judgment errors known as cognitive biases. You need to instead prepare for a realistic pessimistic scenario.
Read MoreYour SWOT Analysis is Broken (Here’s How You Can Fix It)
Cognitive biases lead to typical business strategic analyses such as SWOT giving a false sense of comfort and security. The result? Appalling oversights that ruin profitable businesses and bring down high-flying careers.
Read More10 Steps for Strategic Planning to Defend Your Future
Effective strategic planning involves: 1) Identifying potential threats and opportunities; 2) Planning how to deal with them; 3) Reserving sufficient resources to address threats and opportunities; 4) Making your plans resilient and flexible.
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