Wandering Into Wisdom

This blog chronicles the knowledge, insight and wisdom I encounter every day as a leadership consultant, executive coach, educator, father, friend and citizen. This site is dedicated to my father, Louis (Jack) Laughlin, who passed on to me an appreciation for wisdom. A special thanks to my friend Isaac Cheifetz, a businessman and journalist, who helped me understand the value of blogs and encouraged me to write one.

Fix or Forget*

One of the key discussions I have with executives is whether to fix or forget things. Whether it’s an underperforming employee or an ineffective program there is rarely a simple answer, but any analysis contains the same three basic questions.

Worth - What would it be worth if you could fix it?
Cost - What will it cost to make it work?
Likelihood - What is the likelihood it will improve?

Then make a decision and move on.

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