Planning v. Dumb Luck

Planning is key to success, but anyone that tells you that dumb luck is not part of the equation for success is a liar. Everyone at some point gets lucky. Stars align and something takes place that greatly benefits your situation. Purely relying on dumb luck would not be a prudent decision, but business people need to understand that circumstances outside of your control can sometimes come together and greatly assist you in your situation. The key is that managers still have a well-developed plan and leave themselves open to the benefits of dumb luck.

Another Outsourcing Question

When thinking about the future of outsourcing, the question of expense could have a very interesting answer. Outsourcing has always been looked at as the cheaper way to do many business operations. If trends continue, businesses will continue to use outsourcing to cut costs. Historically, the more popular something becomes the more expensive it becomes. In a capitalistic society, what trend would bow first? One would have to think that outsourcing would become the more expensive option.