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Wednesday, May 26, 2010

Good Ideas are a Dime a Dozen… But, Success or Failure is in the Execution

Knowing that the hotel business is often sensitive to nickels and dimes, not just dollars, it really pains me to see people throw money away without thinking things through. So many people have the energy to generate ideas, but too few have enough energy to think them through. Could it be because the responsibility for success or failure is in the planning and not in generating the idea? Stephen Covey, in his book “Seven Habits of Highly Effective People”, identifies one of those valuable habits as “Begin with the end in mind”.

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