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
Tag: Strategy
Personal Growth Strategy: Harnessing the Power of Planning, Just Like in the Corporate World
It’s that time of the year again! And most organisations are already working out their plans for the next year. Organisations are looking at the
The Art of Making Choices
I spent the morning teaching my son about making choices! One singular skill we need to perfect continuously is ‘Making choices’. This is an integral part
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’.
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’).
Without Agility, Your Strategy is in Slo-Mo!
When I clocked 40 – I got a call from a young friend who after giving me his wishes asked ‘did you achieve all the goals you had set to achieve before 40’ I said No, but I achieved things I didn’t plan for.
‘Change the Plan, Not the Destination’ – anonymous.
Strategic Agility – (I’d come back to this)
I had an interview once and the question was what the role of Risk is in Strategy planning and Performance. And I started my response with Murphy’s Law. Murphy’s Law is a belief/concept that says that ‘anything that can go wrong will go wrong’. The first time I read about Murphy’s Law – I thought it was a pessimistic approach to look at things.
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.