I wish more companies would start realizing that what they call “planning” is largely a waste of time, an anachronism held over from the Industrial Revolution. In the world of Big Data, traditional planning is as useless as a tribal rain dance. Today, companies and people have no choice but to shift to a much simpler path: focus on cultivating their ability to see risks and opportunities in the moment, in the Here and Now and to improvise skillfully and thoughtfully.
Here is a real entrepreneur living this truth and applying it to his business. CEOs of larger companies should get over their fear of novelty and start acknowledging the obvious shifts in our culture that necessitate major shifts in corporate bureaucracies.