5 Pieces | Article – Commodity Leadership | Strategic Business Management
- Classification: Leadership
Publication date: September 15, 2014
I got good advice in the US Navy, something called 5 P´s: “Advance planning prevents underperforming.” (Free translation: Advance planning protects against bad results.)
Whether you are in the Navy or in business, preparation is crucial. One reason for the Navy’s success is the fact situs slot gacor that it plans: think about alternatives, anticipate what could go wrong, and prepare for the unexpected. In the Navy, I learned to write notes about every mistake and everything that could be improved upon. I shared this information with my younger colleagues. I did the same in the business world. As a result, I never attended slot terbaru a meeting unprepared for the rest of my career. Equally important I had a coaching team behind me who thought the same way.
Don’t forget 5 points: Advance planning prevents underperformance!
Archie W. Dunham
Chairman of the Board of Directors of ConocoPhillips