What works in the business world, does not always work in real life. In life, most people rarely get a second grand opportunity to climb the social-economic ladder of success.
Compass Rules:
1. Know the big picture before making a move
- Understand how things work and how things connects from an inside to outside view and from a top to bottom view
- Recognize the positive points and the negative points of the situation
- Test the decision with "what-if" situations.
2. Record your decisions.
- At the end of the project launch (or the business year), review your decisions.
- Learn from it.
- Focus on improving your strategy and your execution
3. Gain as much relevant experience as soon as possible
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- Experience results
Here is an interesting article on recovering from failure
In summary, one learns the following:
- What does not kill you, will only makes you strong;.
- The key to being strong is learning from that experience; and .
- It is better to know the big tangible picture and the exceptions before making a strategic move.
"While the amateurs learn the rules and tricks,
the professionals always know the big tangible picture
and the exceptions to the situation before making a strategic move. ..."
- a paraphrase from a nameless strategist
the professionals always know the big tangible picture
and the exceptions to the situation before making a strategic move. ..."
- a paraphrase from a nameless strategist
Do you know the big tangible picture and the exceptions to the rules of your terrain and beyond?
"In planning never a useless move;
in strategy, no step is in vain." - Chen Hao
in strategy, no step is in vain." - Chen Hao
How can someone properly plan anything relevant when he/she does not know the big picture? What are the chances of him or her succeeding with that plan on the long run?
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