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September 14, 2006

Comments

steve

how do you know when they are not working? when do you stop executing the same plan to try something else, what if one more time it would have worked? another thing about executing is you need to stop planning and do it. and another, have a back up plan ready so you can change quickly, like in the middle of the game. sounds easy but it's hard, that's why we honor the good guys with awards.

Per Wendelboe

I think it will pretty much always be evident when a plan is not working. A plan covering execution will (well, or should) always have measureable targets and a timeframe for getting there - however, I agree that it can be tough to make the call whether or not to completely pull the plug on e.g. a plan that does not reach the goals set forth but I think such decisions are highly situational in any case.

Bud Bilanich

I agree with Per. Missing targets for one month should not be a reason to panic and go to plan b. Missing targets for three months in a row (one quarter) should start ot raise red flags. Missing targets for six months in a row (two quarters) is a good bet that things are not working and you should at least consider making some changes.
Bud

CFD Trading

We have Australian Rules football but it's also clear the sides that can execute well under pressure always win. Even if they have less natural talent. Great site by the way. Common sense is not widely appreciated, it should be.

Bud Bilanich

I'm a retired rugby footballer. Aussie rules football and rugby football are strategic games. American football is very tactical. Yet, as you so correctly point out, great sides (or teams) as we call them in the US, execute well under pressure. The same is true in business.

Also, thank you for your kind words about this site. I agree that common sense is not as appreciated as it should be. I'm trying to change this situation through this site and another blog www.CommonSenseDay.com.

Thanks for reading and for your comment.

BB

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