Leadership is about paying attention to ideas and trends in the periphery as well as organizing for the unforeseen and rehearsing potential responses to future scenarios. Data, of course, can help, but so too can experience and an openness to be continually “trying, learning, and adapting.” In this selection of articles from MIT Sloan Management Review, we look at how leaders can develop thoughtful strategies for thinking through complex problems.
From “Five Rules for Managing Large, Complex Projects”:
- “Megaprojects” — defined as projects with budgets exceeding $1 billion — have proved notoriously difficult to deliver on time and on budget; one estimate suggests that 90% of them end up over budget.
- Complexity usually increases ...
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