Sometimes we get so obsessed with formulation of long-term strategy that we fail to see dangers closing-in around in immediate term.
Sometimes we fail to take course-corrective actions, PEST & SWOT analysis as they say, demanded by changes in the environment in VUCA¹ business-world.
Obsession of long-term thoughts prevents us from engaging into immediate-term actions although they are a must-do actions. We engage ourselves into good-to-do or want-to-do actions. Sometimes out of enthusiasm, sometimes inadvertently though.
Must-do actions are about giving first-aid in order to get immediate relief from a problem as well as preventing recurrence of it.
One can prevent recurrence by keeping a daily vigil on the lessons learnt.
Good-to-do actions are about preventing ocurrence itself of an undesired situation.
Want-to-do actions are about all those sundry ones of least or no consequence to the goal at all.
Secret of successful implementation of strategy lies not only in not allowing thought processes to get de-focused but also in balancing the Must-do, Good-to-do and Want-to-do actions in right proportions thereof.
It's about keeping one eye on long-range vision and the other on shorter-range planning and actions.
It's about keeping one eye on strategy, the other on tactics.
It's about keeping one eye on telescope, the other on microscope.
It's about keeping one eye on strategy, the other on tactics.
It's about keeping one eye on telescope, the other on microscope.
Footnote-1: VUCA is a Military term that characterises Volatilie Uncertain Complex Ambiguous environment in a war situation.
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