Abraham Lincoln said it best!

I can’t find a simpler way to describe the importance of preparation than the immortal words of Abraham Lincoln:

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”

This advice is particularly true when embarking on a new project or initiative. Part of “sharpening the axe” would be to ask these questions:

– What is the business case/need?
– How this this project map to the business strategy
– Is the timeline for project execution co-terms with the business quarterly/yearly/etc.. objectives?
– What is the impact on the financial plan (quarterly impact)
– What bad things will happen if the project/initiative is not done at all?
– What good things will happen if it is done?

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