| Todays Quote |
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| We are confronted with insurmountable opportunities. |
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| -Walt Kelly
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| The March of Folly |
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| Title: The March of Folly |
| Author: Barbara A. Tuchman |
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For history and policy buffs only! After reading this erudite disquisition the following essential management principle can be drawn. Management, and managers, needs to be aware that their decisions and actions can be counter-productive to the strategy of the firm. They need to be on the constant look-out for self-deception and fixed behavior. They need to stay well informed and keep an open mind in order to perceive events that are harming the firm. They need the confidence to acknowledge their mistakes and be smart enough to take appropriate action, including reversal of prior positions, decisions and actions. We no longer have the gods of antiquity to blame.
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