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In The Hedgehog Concept we discussed the intersection of three circles that provide your One Thing Focus for the strategy of your business. Where do you find or discover the elements that comprise the three circles? If you’ve completed portions of your One Page Strategic Plan you’ll have made progress toward understanding what these are.
Topics: Core Purpose, Grow: How Ideals Power Growth and Profit at the Wo, Patrick Lencioni, Profit per X, Hedgehog Concept, Organizational Health, Brand Promise, BHAG, Brand Ideal
Topics: Good to Great, Jim Collins, strategy, Hedgehog Concept
Topics: Good to Great, strategy, Profit per X, Hedgehog Concept, Seven Strata of Strategy
In the first or second grade I recall being in a parade of students ushered into our small home town theatre to watch the movie Ben Hur. Going to a movie back then (circa 1960) was a big event. The theatre had provided our Catholic Elementary school the entire theatre to show the movie Ben Hur. Watching a movie on the big screen, before there were big screens in every home for TV, was awe inspiring. I’ve grown to love the movie. One of the conflicts in the movie is Judah Ben Hur’s rivalry with Messala, a roman tribune.
Topics: Balanced Priorities, People/Relationship Drivers, Balance, Strength Based Leadership
Working with our client’s one critical element to make sure a business does not get out of balance is making sure when you choose your priorities you balance your productivity measures with a people or relationship measurement. It’s your critical number that assures your effort to build more productivity doesn’t hurt the relationships with your customers, employees or shareholders.
Topics: Acute Myeloid Luekemia, One Thing, Process/Productivity Drivers, People/Relationship Drivers, Mono Somy 7, Balance, Balanced Metrics, Michelle Wick
Topics: Accountability, weekly meetings, Culture of Discipline, Meetings a Cadence of Accountability
Topics: Acute Myeloid Luekemia, Business Growth, Strategic Discipline, Business Priorities, Business Vision, Businesss Disciplines, Bone Marrow Transplant
If you don’t believe cash is king take a look at some of the companies who have the largest cash reserves. Topping the list is Cisco with almost $40 billion in cash. Microsoft has nearly $37 billion, Pfizer $27 Billion, and Apple stands at $25.6 Billion.
Topics: Sales Process, collective intelligence, Mastering the Rockefeller Habits, Cash Conversion Cycle, Cash
In these blogs we emphasize the importance of Four Decisions and Three Disciplines, the later a Positioning Systems foundation principle for Strategic Discipline.
Topics: Strategic Discipline, 4-3-2-1 formula for business growth, Mastering the Rockefeller Habits, Four Decisions
Almost two years ago I sat in a hospital room with my wife, my oldest son, and Dr Zenk. Dr. Zenk gave me the news that I had Acute Myeloid Leukemia. He was as direct as he could possibly be. He explained that I would need chemotherapy treatment and if successful a bone marrow transplant. He noted that typically patients who undergo this type of treatment are out of work a year or more. He didn’t need to explain that treatment would be expensive. The thought of being out of work for a year, as the sole wage earner for my family, set me back. How would my family survive? How would I feel knowing the impossible challenge I’d just put my family in? I was devastated! I cannot recall ever feeling so low.
Topics: Acute Myeloid Luekemia, employee engagement, employee performance, Core Purpose, Bone Marrow Transplant, The Power of Full Engagement, Michelle Wick
FIND OUT CLICK HERE TO TAKE THE FOUR DECISIONS NEEDS ASSESSMENT
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.jpeg?width=150&height=135&name=Hand%20with%20marker%20writing%20the%20question%20Whats%20Next_%20(1).jpeg "Schedule a meeting")
Doug Wick, President
Positioning Systems
The Strategic Discipline Blog focuses on midsize business owners with a ravenous appetite to improve his or her leadership skills and business results.
Our 3 disciplines include:
- Priorities
- Metrics
- Meeting Rhythms
