There’s a term that I keep coming across: ‘magical thinking’.
Original articles here:
(i)Â How to Avoid Delusional Thinking in Start-up Growth Strategy
(ii)Â Why It’s Better to Have a System Than a Goal
It reaffirms my believe about projections and forecasts- the overly optimistic types. It goes something like, “If we just get 1% share of this RM100 million market”. And all the rosy charts of imaginary profits and growth.
Moral of the story: Get Real!