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To Achieve a Major Goal, First Tackle a Few Small Ones

Harvard Business Review

Second, for very large tasks you often do not get feedback on your success until many of the pieces of that project are in place. Even if particular elements of the task appear to be going well, the success of the large-scale project requires integrating all of the specific tasks in a coordinated fashion. You and Your Team Series.

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10 Common Thinking Errors Leaders Make

Mark Sanborn

Examples: A project leader believes their team can complete a complex project in two months, whereas realistic estimates suggest six. Sunk Cost Fallacy Leaders affected by the sunk cost fallacy continue investing in a project based on the amount already invested, rather than evaluating its future value.

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Unemployment Is About to Fall a Lot Faster than Predicted

Harvard Business Review

Others are even gloomier: Trading Economics projects unemployment rates above 6% for the next couple of decades. Using an alternative model for projecting job growth, we see an entirely different scenario, one in which the U.S. For several years, Dun & Bradstreet Credibility Corp. before the end of 2016.

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The Best Leaders Allow Themselves to Be Persuaded

Harvard Business Review

As Cornell psychologist David Dunning says, “The road to self-insight runs through other people.” That can be difficult when it comes to beliefs to which we’ve become attached, whether it’s a new project idea, an opinion on a longtime vendor, or the assumption that you’re a succinct communicator.

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“Leadership Qualities” vs. Competence: Which Matters More?

Harvard Business Review

David Dunning and Justin Kruger at Cornell have great research showing that the least competent people often end up in charge because they’re overconfident about their own abilities.). We teach our students about things like power poses – how to appear to be someone with authority – and how to fake it ‘til you make it.

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C'mon, IT Leaders. Take a Chance!

Harvard Business Review

Execution risk: A wrong execution model or poor execution can make a project run too long and cost too much, leading to a total loss of focus and a reduction in value creation. It also comes from not adequately considering the organization''s energy, skill, and policies to accomplish the project.

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Do Startups Really Create Lots of Good Jobs?

Harvard Business Review

Furthermore, the amount of venture capital bears a zero correlation to the amount of startup activity, and is strongly negatively correlated with the presence of mid-market firms ($10 million to $1 billion), which according to a recent Dun and Bradstreet study have created over 90% of jobs since 2008.