[Column] Development of the Mid-term Plan (2) Planning for Failure Prevention Measures

I would like to introduce a column article.

Management has its good times and bad times. When executing a medium-term plan, one should also anticipate situations where things do not go well. Often, if one only considers when to pull back after a bad situation arises, they miss the timing. First, I would like you to establish criteria for "under what circumstances to withdraw, to stop, or to scale back." Humans have a peculiar tendency to wishfully think that if just a little more goes well or if we can develop that customer, things will change for the better. However, while clinging to that desire, management can lose its balance. It is important to set criteria for halting execution from the beginning. - Initial signs of failure - Methods to mitigate failure - Ways to withdraw from failure Additionally, from a different perspective, it is necessary to consider the "side effects that may arise and the anticipated losses" when deploying that strategy. Humans are creatures of habit. When trying to do something new, there is often a lot of "no" thinking. The key is how to dispel that. In this case, it is important to examine the inhibiting factors and consider means of overcoming them.

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