Lessons from 50 years in business

Lead Change is a leadership media destination with a unique editorial focus on driving change within organizations, teams, and individuals. Lead Change, a division of Weaving Influence, publishes twice monthly with SmartBrief. Today’s post is by Wally Bock.

In 1968, I left the Marines and started my business career. Like just about everybody starting out, I didn’t know what I didn’t know. Like others, I had decades of leading and learning ahead of me. Here are some of the things I learned.Planning has limitations. Planning is important, it’s a way that you head off mistakes and assess the possibility of success. But no plan survives the first contact with reality. The most effective planning suggests unintended consequences and things to watch for.

Human beings are awful at making accurate predictions. I started out with the idea that with enough equations, facts and insight, you could ensure success. I learned that was folly. Adapting to reality is the key skill to pair with just enough good planning.

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