Leading Blog

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Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential

Leading Blog

I F you’re looking to expand your thinking, then look no further than Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential by Matt Higgins. For those of us that have always heard, “Always have a Plan B,” burning the boats may sound reckless. Should you process risk? If that is survivable, then burn the boats.

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Scenario Planning vs. Forecasting: 6 Questions to Ask to Prepare for a Post-Pandemic Future

Leading Blog

There is often confusion between scenario planning and forecasting, with the terms used interchangeably and inconsistently. Scenario planning is focused on the future and involves defining different stories behind different paths that will lead to that future.

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Burn the Business Plan

Leading Blog

I F YOU ARE THINKING of starting a business—and apparently nine million Americans are currently thinking about it and only about 500,000 actually do each year—you will want to read Burn the Business Plan by Carl Schramm. What these high-tech startups have in common with all other entrepreneurs is that they don’t follow a business plan.

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9 Tips for Navigating the Inevitable Unexpected

Leading Blog

Individuals or partners develop a plan and iterate as new information arises. If sophisticated investors are involved — as often happens in biotech — the plan is undoubtedly subjected to intensive due diligence. They're things you never saw coming and you never planned for. Develop living plans that are regularly updated.

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Winning Teams Know to Trust Their Team Members

Leading Blog

Yet many times, companies struggle with sharing and aligning functional plans. Instead, if they trust and coordinate with their cross-functional counterparts, they will be better able to synchronize plans. They often must consider broader implications when establishing commercial plans. Doing so creates agility.

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Leading Thoughts for March 9, 2023

Leading Blog

Matt Higgins on why you need to go all in: “Backup plans can make you feel safer and help you cope with uncertainty, but they also reduce the likelihood that your primary goal will ever be achieved. You spend too much of your emotional energy on contingency planning instead of on success.”

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Leading Thoughts for April 4, 2024

Leading Blog

He was better able to anticipate what might or might not happen next and to plan his moves to best advantage. By reflecting on what was not happening, he opened his mind to broader opportunities, to see the full range of his options. When asking can I influence the action?”

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