When creating a strategy house (an essential tool for me in any organisation I join, whether requested or not, I create one), my goal is
Applying business concepts to daily life is a valuable lesson I learned early in my career. By implementing this approach successfully, these concepts can positively impact various aspects of life. My journey on this began with goal setting.
As a young financial analyst years back (oh, I miss those days), we would do planning for the entire organisation, moving across all functions and their elements and planning how we want the following year to be in terms of volume, pricing, costs, expenses, capex etc. This goes through many layers of iterations until it is finally approved and becomes ‘locked’.
For the large part of my career I have been responsible for execution of strategy. Not just the ‘talk’ part (strategic planning) but largely the ‘do’ part (execution). How do we ensure that every goal we set we achieve? How do I bring people to that pedestal such that we are not just ‘winging’ it but strategically executing in a military fashion approach. You do what you say! We all do what we say.