When you’re executing a project, it helps to think about runway. For example, when you’re looking to generate leads for sales people to follow up on, there is a lead time between starting the project and leads coming in from the project you’ve executed. You need to plan for this runway, or else you’ll be trying to do vertical take off, and unfortunately business operates like an aeroplane rather than a helicopter or a jump jet.
The smaller your project, the smaller the runway you need. The larger the project, the larger the runway. You can get a light aircraft off the ground in 200 metres. You need at least ten times that for a jumbo jet. Same thing with business projects.
Make sure you’ve allowed enough runway, or you won’t get off the ground.
Equally important, the larger the project, the more runway you need to bring it home, complete it and assess its performance.
Make sure you’ve allowed enough runway, or you won’t land to fly another day.