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The Folly of Stretch Goals

Harvard Business Review

Deming insisted that companies, "Eliminate management by objective." Although the final book hasn't been written on sub-prime mortgages and the ensuing banking crisis, we do know that stretch goals played a large role in putting the investment banks in serious jeopardy. Here's why.

Goal 15
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Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business Review

Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century. Management by Objectives (MBO) became the height of corporate fashion in the late 1950s.

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