Before moving forward with a new plan, take the time to reflect on how the machine has been working up till now.
Sometimes people have problems putting current conditions into perspective or projecting into the future. Sometimes they forget who or what caused things to go well or poorly. By asking them to "tell the story" of how we got here, or by telling the story yourself, you highlight important items that were done well or poorly in relation to their consequences, draw attention to the bigger picture and the overarching goals, specify the people who are responsible for specific goals and tasks, and help achieve agreement. Being able to connect all these items at multiple levels is essential for people to understand the plan, give feedback on it, and eventually believe in it. #principleoftheday
@michaeljburry 18 year old kids planning for college are not exactly equip generally to make good long term financial decision. When they realize the ramifications, it’s too late. These days I see students starting in community colleges then transferring when they are certain of their path. 🙌