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Henry Singleton on Strategic Planning

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Henry Singleton has the best operating and capital deployment record in American business . . . if one took the 100 top business school graduates and made a composite of their triumphs, their record would not be as good as Singleton’s. —Warren Buffett, 1980 Henry Singleton eschewed detailed strategic plans, preferring to remain flexible. “I know a lot of people have very strong and definite plans that they’ve worked out on all kinds of things, but we’re subject to a tremendous number of outside influences and the vast majority of them cannot be predicted. So my idea is to stay flexible.” In a rare interview with a BusinessWeek reporter, he explained himself more simply: My only plan is to keep coming to work. … I like to steer the boat each day rather than plan ahead way into the future. Henry Singleton as quoted in The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success Still curious? If you want to learn more about Singleton read the excellent Dis

Culture | Reading Time: < 1 Henry Singleton on Strategic Planning — Stay Flexible Henry Singleton has the best operating and capital deployment record in American business . . . if one took the 100 top business school graduates and made a composite of their triumphs, their record would not be as good as Singleton’s. —Warren Buffett, 1980 Henry Singleton hated detailed strategic plans, preferring to remain flexible. “I know a lot of people have very strong and definite plans that they’ve worked out on all kinds of things, but we’re subject to a tremendous number of outside influences and the va

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