Abraham Lincoln famously said:
“Give me 6 hours to chop down a tree and I will spend the first 4 sharpening the axe”
I’m a big fan of this quote, and I’ve used it over and over during my career – especially when planning large and complex initiatives. In essence, the quote refers to how much time you should spend planning versus executing a project. According to Lincoln, you should spend two-thirds of the time you have sharpening the axe (planning your project), and the remaining one-third of it chopping the tree (executing the project). While the optimal ratio of planning to executing obviously depends on multiple factors, Lincoln’s basic point holds true: you need to spend more time planning a project than you probably think.
I believe this becomes even more crucial when leading teams in a virtual environment. In most of the troubled projects I had assessed at Fortune 500 companies, a big portion of them failed because the project manager either:
- Spent way too much planning the project – losing valuable time before executing it.
- Spent very little time (if any) planning, and started executing immediately – resulting in a hefty price down the line.
- Spent all the time going back and forth between planning and executing – wasting valuable time due to a high switching cost.
The following visuals show the four types of managers I’ve encountered , and how each of them uses those six hours:

How about you? Which type of management style do you relate to? Let me know in the comments below!

I am a U.S. History teacher and plan to explain this quote to my students the first day of school. Thank you so much for sharing! It is a brilliant concept and there is a lot of truth in it.
First when I was younger I used to be an hysterical sharpener ! Now I’m a compulsive and hysterical sharpener/chopper, so I try to be a perfect manager.
By nature I’m a #3. (Or what I’d dub the Tazmanian Devil approach to execution.)