Quote by Daniel Kahneman

People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.

— Daniel Kahneman

“The challenge of developing or reestablishing a clear strategy is often primarily an organizational one and depends on leadership. With so many forces at…

— Michael E. Porter

“Every one strengthens one or more of the building blocks executives can use to improve their strategy-execution capability: clarifying decision rights, improving information, establishing…

— Gary L. Neilson

“More than anything else, this disconnect—between the way planning works and the way decision making happens—explains the frustration, if not outright antipathy, most executives…

— Harvard Business School Press

“Executives are doers; they execute. Knowledge is useless to executives until it has been translated into deeds. But before springing into action, the executive…

— Harvard Business School Press

“Proper Prior Planning Prevents Poor Performance.” When”

— Brian Tracy

“High-performing companies view planning altogether differently. They want their forecasts to drive the work they actually do. To make this possible, they have to…

— Michael C. Mankins

“Mistaking goals for strategy. Many bad strategies are just statements of desire rather than plans for overcoming obstacles.”

— Richard Rumelt

Well, well-run companies always have a focus on growth and the two lines, which includes profit. The key thing during, I think, tough times,…

— Reid Hoffman

“The most vexing managerial aspect of this problem of asymmetry, where the easiest path to growth and profit is up, and the most deadly…

— Clayton M. Christensen

A plan is only a scenario, and almost by definition, it is optimistic... As a result, scenario planning can lead to a serious underestimate…

— Daniel Kahneman

You can't overestimate the need to plan and prepare. In most of the mistakes I've made, there has been this common theme of inadequate…

— Chris Corrigan