Thursday, February 21, 2019

Pace yourself....


Companies often complete annual business plans and budgets: many of the line items, however, often take more than a year to complete. The mega-resorts I opened took up to 36 months of planning before opening, and the challenge there was to keep the teams focused on the project rather than the calendar. One of my clients started a turnaround effort after buying the company: lots of things were done in the short term and many more became long-term building blocks for the future. And a Native casino I know opened quickly in a tent and then spent the next dozen years working to build out the entire property. Because nothing comes easily or quickly, people in projects like those have to pace themselves as short-term plans become long-term projects. If that describes your life, learn to run far enough on your first wind to find that you have a second (and third and….). Make sure you’ve got people with long-term perspectives on your team today.

William James (1842–1910): American philosopher and psychologist, and the first educator to offer a psychology course in the United States

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