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You have exactly 366 days in 2020 to bring your clarity of vision to reality.
January 28, 2020
By: Ben Locwin
Contributing Editor, Contract Pharma
As I write this, it is the 30th of December, 2019. As we ramp up for 2020, let’s remember that it’s a leap year. That extra day gives us about 1/1,300th of an additional year’s worth of time to make things count this year. How best to not squander our time? Develop plans for your strategic approaches for the new year. Keep yourself honest by devising metrics that will indicate if you are on-track or off-track through frequent check-ins with your plan throughout the year. Plan for Success In the planning world, there are lots of opinions, and most are wrong. But probably the most correct one is my favorite of Dwight Eisenhower’s quote, “The plan is nothing. Planning is everything.” Many groups whom I’ve discussed this with have an incorrect or inadequate appraisal of the content of this quote. Where the value actually lies in this quote is the lexical play of the noun versus the verb usage in the quote. The “plan” as Eisenhower referred to it is the paper-and-pencil document (the noun) that is the output of the verb of “planning.” Holding in your hand a ‘plan’ for what your organization should be doing is the component which is nearly useless. As soon as the group adjourns, and even before the ink is dry (only an analogy if it’s actually written in pencil or printed via laser printer), it is aging. That’s right: The fruits of your planning, which exist in this written document, are aging day-by-day, and most likely, they’re aging in a way that makes them more and more inaccurate. This is due simply to stochasticity in the external environment in which you work and the financial markets which are at play. This is simple economics fact.
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