What Are Some Common Pitfalls and How Can They Be Avoided?
Common pitfalls include overemphasizing short term gains at the expense of long term stability, lack of clear vision, and poor resource management. To avoid these, leaders should:
Maintain a clear and compelling vision and mission. Ensure strategic alignment across all levels of the organization. Invest in continuous learning and development to stay ahead of industry trends. Adopt a balanced approach to risk management.