1. Think before you leap

Identify and forecast the various consequences of an action. You could identify the impact of building a holiday resort in a forest. This could be Improving the bottom line of the company Damaging the environment Harming the health of the employees The impact could also be studied in various time periods: the next month, 6 months, 1 year and 5 years. Sometimes the immediate impact on the company, may be great, resulting in short term profits. However, the long term impact could be disastrous, creating many dissatisfied customers.