The 50-year anniversary of humankind’s first-ever landing on the moon-this Saturday, July 20-marks a truly significant historic accomplishment.

Leadership Tip

Take the time to reflect on the leadership lessons that stem from the first moon landing in 1969.

Studying this momentous occasion provides leaders with many lessons to ponder. Here are my top seven:

1. You require a compelling vision to beat the competition.
2. To achieve your goals, you must provide the proper resources.
3. You need a well-thought-out written plan for buying into the dream and measuring its progress.
4. You must be willing to invest in experimentation to minimize risks.
5. You must be willing to make mistakes, then learn from them to move forward.
6. You must find ways to innovate and continuously improve.
7. You must work collaboratively in teams to achieve a common objective.

My biggest take-away from this historic moon landing? That any dream is possible-if you totally focus on the plans you’ll make and the actions you’ll take toward achieving that dream.