

Weekly Thoughts: Planning Fallacy vs. Hiding Hand
Here is something that caught our eye this week: Planning Fallacy vs. Hiding Hand Entrepreneurial spirit versus pragmatic planning when thinking about 2019 As we navigate our way through the final weeks of 2018, we, and our partner companies, are beginning to think about our aspirations for the year ahead. As grand strategic plans of growth initiatives, operational improvements, and talent development begin to formulate alongside the visions of sugarplums dancing in our heads, we try to remind ourselves of common cognitive pitfalls associated with such endeavors. First, we must be wary of the so-called ‘planning fallacy’. Initially identified by