Be sure to maintain composure when plans begin to go awry
Be sure to maintain composure when plans begin to go awry. A common problem associated with companies that are able to develop a stellar plan but fail in their efforts to execute is the tendency to deviate from their initial plan.
In reality, plans dont always unfold in the way that companies expect. Despite having a plan that takes into account various scenarios, there will always be both negative and positive externalities that cant be anticipated.
Whether or not a company experiences a negative or positive shock, its imperative that companies maintain their composure and determine whether or not a pronounced change in direction is the appropriate course of action.
Unfortunately, some companies that find themselves in these types of situations fall victim to irrational behavior by deviating away from their original plan when the correct decision would have been to stay on course.
Planning Is Core To Small Business Success (part one of this two part article)