Possibility and Probability – A Leadership & Management Convergence

Byzmanbiz

Possibility and Probability

possibliity and probability

Possibilities and Probabilities set the parameters for good leadership and management.

Good leaders continually shepherd their organization into applying the ‘art of the possibility’ by evolving new options to address the organization’s challenges and goals.

Good managers guide their organization’s assessments of the probability of success for each possibility.

The art of leadership and management is balancing probabilities against possibilities and assigning limited resources against the most feasible and realistic combination to achieve the desired outcome.

 

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