Debt
Strategic planning helps you focus on where to invest in your business and team.
You prioritize and evaluate throughout the year, shifting that focus as conditions change.
In doing so, you shift your investment.
Whether it is money, focus, or energy, investment is predicated on allocating finite resources.
This means that wherever investment can occur, debt can also be accrued.
Building awareness around where you are accruing debt is just as important as where to invest.
During times of heavy operations focus, your team may build up a people debt.
Short-term, this is manageable.
Long-term, debts will find a way to be paid.
As a leader, where might you be building debt within your team?
What is your plan to reinvest in that area?
A latte always pays it debts,
- Morning Cup