Thursday, May 1, 2008

Micro Managment

I think a major problem in corporate America today is that leaders are focusing too much on tactical issues.

Tactics are the methods by which a strategy is carried out. Tactics are meant to deal with the demands of the moment, to move from one milestone to the next.

Business leaders should leave tactical choices to trusted subordinates and focus on strategy. Strategy is the plans and decisions designed to favorably impact the organization as a whole. Strategy is "the big picture" and tactics are the "details."

A C-suite executive that spends time on tactical matters is micro-managing. Period.