7 . DON ’ T GET CAUGHT UP IN THE DETAILS
7 . DON ’ T GET CAUGHT UP IN THE DETAILS
IBP thinking is ‘ roughly right , rather than precisely wrong ’! Many organisations make the mistake of expending extensive efforts on drilling down into the detail , trying to determine precisely what is not going to happen in the coming months and years as opposed to focusing on the overall longer-term view . Not only is this a waste of resources , but getting bogged down in the detail is a barrier to extending the horizon beyond the short-term and breaking away from the ‘ annual budget ’ way of thinking . Looking at the bigger picture facilitates the forward-planning essential for building growth and increasing margin .
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