As the fiscal year draws to a close, the annual spectacle of “use it or lose it” budget mayhem unfolds.
Caught in this whirlwind, departmental managers rush to burn through their budgets to avoid potential cuts in the upcoming year. This frenzy results in impulsive purchases, rushed projects, excess inventory, temporary hires, lavish team-building events, and premature contract renewals—all while the essential task of creating value for the company gets sidelined.
This rush-job approach stems from an outdated planning system that values appearances over genuine fiscal responsibility.
Idea for Impact: Consider a move towards more flexible, performance-based budgeting approaches by loosening rigid budget structures.
This year, I took two long trips across the Balkans, focusing on the region’s turbulent 20th-century history..jpg)
One phrase I’ve grown to detest in my professional life is, “We do it this way because 
Delegation is crucial but
Frontline workers are right
Embarking on a new role presents a host of challenges, and discovering unethical or potentially illegal practices within the organization can be a pivotal moment. The real question that emerges is whether you will be the catalyst for change in the face of such issues.
When military leaders are prepared for a mission or operation, they’re furnished with key information and discussion topics in advance. This prebriefing ensures thorough familiarity with mission details, objectives, and potential challenges, ensuring they’re well-informed and able to effectively lead their teams during the operation.
The Japanese seamlessly blend their way of life with business, offering valuable lessons for the rest of us. Central to their culture is “Hansei“—deep self-reflection to acknowledge mistakes and plan prevention strategies. Hansei is practiced