Dale Myers' Blog: Think. Plan. Act. Repeat.

Dale MyersI recently reconnected with a former colleague that I’d not seen in several years. He was the type of person that just didn’t fit the corporate mold – you know the kind that speaks their mind, is impulsive, a little volatile, moves really fast, and makes decisions from his gut.

Over lunch, he told the story of his latest venture of buying an underperforming manufacturing business, turning it into a growing, profitable entity and then selling it for big money to a large competitor.  He talked about how in his first days as the new owner, employees were coming to him with a variety of ideas.  He didn’t really know the industry and there were no formal business cases, user studies or even customer requirements to review. But, his intuition helped him identify the winning ideas, and whom to trust. He approved the ideas that “felt good.” Many of the ideas…

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