Without a priority the Whirlwind wins! Each day you face a myriad of tasks involving your “day job.” Everything you do day-to-day robs you from focusing on the really important things that are important but not urgent.
Strategic Discipline Blog
Michael Cobb is a 16 year old playing basketball with his three buddies on a hot summer day. Upon finishing their games, the group decides to pool their money and buy some wine at a liquor store. Settling down in the shade they enjoy the breeze and cool down. Soon one of Michael’s friend’s is angry. Grady (Michael’s best friend) only had ten cents to provide for the wine. The other friend, who’s now agitated, provided 50 cents. He feels Grady is taking more than his fair share. A fight ensues. Michael and his other friend break it up. The friend who started the fight is still upset, and leaves. The three others continue to drink. They’re not alarmed by their friend’s departure. Maybe he just needs some time to cool down they think. But this friend is still upset. He returns, after locating his father’s gun at home. He points the gun at Grady and fires twice. Grady dies in Michael’s arms before an ambulance arrives.
You may have heard the story on how trainers get an elephant to remain tied to a stake. Even though an elephant has enough strength to easily remove the stake, due to the training received when they are young they’re unable to realize they can get free. View the video on the right for the full story.
You and probably many business owners are virtually swimming in waves of data. Advances in technology and the Internet have made it easy to collect data on almost any subject and allow you, if willing, to collect measurements on any part of your business.
Question: Why do most businesses fail?
We would all like to make better decisions. Would it surprise you to know that how you go about making a decision will have little to do with how your decision turns out? All the time spent agonizing on making the proper choice has little bearing on whether or not it will turnout being the right decision.
Conflict is good. It leads to better decisions by providing a forum for your leadership team to be open and free with their opinions.
Great decision making is the key to your business success.
Your business is not breaking even in your second location. A tenant in the same building is moving out and you are offered their location at $1K more a month in rent. You accept!
Determining the right strategy is the key to top line revenue growth. Strategy is one of the Four Decisions every growth company MUST get right to succeed. Just a reminder these include People, Strategy, Execution and Cash.