The Valmiki Tiger Project in Bahar has proven as a whole to be ineffective in conserving and protecting the tiger population, according to a report released this week by the Comptroller and Auditor General (CAG) of India. Although initiated for the purpose of conservation, the report reflects a significant decline in the tiger population from 56 to 33 over a three-year period. Findings further outlined three specific reasons for the negative results, which included deficient planning, withholding of funding and non-adherence to project guidelines.

Sound familiar? The fact is that this is an all too familiar outcome for many in the business world … and for the exact same reasons. Many in business simply don’t plan well, don’t finance the project adequately and don’t stick to project guidelines.

BUSINESS TAKEAWAY: Lack of planning dooms your project from the start! You’ve got to create a detailed plan that outlines the specifics and also includes plans for the unexpected circumstances that can occur. Flying by the seat of your pants won’t suffice here. Once you’ve established a project budget it’s important to stick to it, and don’t cut corners in essential areas. Think long and hard about deviating from your project guidelines – they were set for a reason. Sure, there are always going to be some instances in which we have to take a different route to reach a specific destination, but make certain that the destination you reach is success and not some side-of-the-road spot in the middle of an even more harsh jungle.

Posted By: Dan Stockdale @ 10:47:09 PM