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Strategic Discipline Blog

How Your Business Makes Money – KFFM

Posted by Douglas Wick on Mon, Jan 24, 2022

How does money flow through your organization? How do customers flow through your business?

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Topics: leading indicators, Profit per X, 3HAG WAY, KFFM (Key Function Flow Map)

What Drives Your Business

Posted by Douglas A Wick on Mon, Jan 17, 2022

Fred Smith’s vision and focus helped drive FedEx to become one of the most successful companies in the world.

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Topics: Profit per X, Hedgehog Concept, Business Driver, KFFM (Key Function Flow Map), FedEx

Double Bonus – Customer Discovers X Factor and Profit Per X

Posted by Douglas A Wick on Mon, Aug 29, 2016

“I’m never coming back to Cedar Rapids, Iowa, Doug!” 

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Topics: Profit per X, Hedgehog Concept, X Factor, Scaling Up Workshops

HEDGEHOG CONCEPT Three Circles Signal Greatness

Posted by Douglas A Wick on Thu, Aug 25, 2016

Would you like to find a predictor for your business achieving greatness?

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Topics: Good to Great, Core Purpose, Jim Collins, Profit per X, Hedgehog Concept, Brand Promise

Your BHAG Journey

Posted by Douglas A Wick on Thu, Aug 11, 2016

Creating your BHAG (Big Hairy Audacious Goal) as Jim Collins describes and shares, is an iterative process.  It rarely is achieved in a few meetings, or without completing several very important milestones for your business.  Included in these are these three elements of your Hedgehog Concept: Core Purpose, Profit Per X and Brand Promise.

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Topics: Core Purpose, The Inside Advantage, WHO WHAT HOW The Inside Advantage, Profit per X, Hedgehog Concept, Brand Promise, BHAG

What Are Your First Quarter Victories?

Posted by Douglas A Wick on Thu, Apr 16, 2015

My plan for this blog originally was the irony of freedom.  The past three days working with an enthusiastic and dedicated group of leaders from a new customer who started with me in February for a private two day Rockefeller Habits Workshop.  They’d previously attended the Four Decision Workshop in November. 

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Topics: quarterly meetings, Core Purpose, Profit per X, Hedgehog Concept, BHAG, Core Competencies, quarterly plan, Quarterly Victories

Four Decisions Strategy –7 Strata, WHO, Brand Promise, Profit Per X

Posted by Douglas A Wick on Thu, Feb 19, 2015

We’re exploring the Four Decisions resources and Growth tools Positioning Systems and Gazelles coaches provide to our customer to help you become familiar with how you can ramp up the growth of your small to mid-sized business.

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Topics: Four Decisions, strategy, Profit per X, Seven Strata of Strategy, Brand Promise, WHO

Step 7: Seven Strata of Strategy – Measure Profit per X and BHAG

Posted by Douglas A Wick on Mon, Jan 20, 2014

The final piece to the Seven Strata of Strategy is actually two pieces.  Remember the Seven Strata of Strategy are from Mastering the Rockefeller Habits author, Verne Harnish.  His Fortune Magazine article revealed from careful research following the last recession these specific strategies were key differentiators to increase revenue faster than competitors who didn’t have these key elements identified.  Companies that had these seven strategies identified outpaced their competition even during the last recession.

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Topics: strategy, Profit per X, Seven Strata of Strategy, BHAG

What’s Your Passion? What Are You Best At? (Hedgehog Concept)

Posted by Douglas A Wick on Mon, Nov 11, 2013

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. 

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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

Find Your Economic Denominator Profit per X

Posted by Douglas A Wick on Mon, Nov 4, 2013

Simple ideas. 

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Topics: Good to Great, strategy, Profit per X, Hedgehog Concept, Seven Strata of Strategy

Challenges of Scaling Up a Business 

 

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Positioning Systems Brand Promise

1. Priorities: Determine your #1 Priority. Achieve measurable progress in 90 days.

2. Metrics: Develop measurable Key Performance Indicators. 

3. Meetings: Establish effective meeting rhythms. (Cadence of Accountability)  Compounding the value of your priority and metrics. 

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Certified Gazelles Coach

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

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