9 Business Concepts You Should Apply To Everyday Life.

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’.

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Goal Crushing 101: Going Solo is Last Season vibes!

I cannot do it alone. You cannot do it alone.

‘Getting along well with other people is still the world’s most needed skill. With it, there is no limit to what one person can do. We need people, we need the cooperation of others. There is very little we can do alone’ – Earl Nightingale

One of the things I learnt in the corporate world is that the success of any organisation hangs on the ability of its sub-parts to cross collaborate. No silos. In today’s fast-paced and interconnected world, the importance of getting along well with other people cannot be overstated. You cannot deliver your JD – job description alone. Sales needs Finance, Finance function needs HR, Logistics needs Manufacturing – it is an interconnected system – with no one more important that the other (even though my sales friends think otherwise 😊 ‘we bring in the cash so…. y’all rest’).

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The 5XQ Execution Model – Execution Questions That Will Improve Your Chances of Achieving Your Objectives

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.

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