Take an Imagination-Driven Approach to Management
Measurement is critical to understanding current and oast performance, but data can only tell you so much. Measurement can fall short when you need to predict the future. Many companies have been blindsided by unpredicatable changes in the market: see GM and Motorola. To envision the future, use your imagination. Employ qualitative insights, inferences, and logic to help you determine what the future might be like and how your company can adjust, prepare, and be proactive. think beyond what can be proven with data and use hypotheses and deduction to determine likely scenarios.
By Roger Martin