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Added for You - Top Ten Things About Strategic Business Thinking
The Single Most Important Thing to Know about Verbal Agreements t be what someone says as they serve them coffee. Making links, however tenuous, is what makes this work so well.How many times have we run afoul of film producer Samuel Goldwyn’s famous maxim: "A verbal contract isn't worth the paper it's written on"? (I’ve certainly done it). And yet, isn’t life nicer, simpler when you don’t have to worry about creating a paper trail? Why not just trust the people you’re doing business with? Isn’t my word my bond?"Jared" had had the same attitude. Jared is an easy-going computer geek, more interested in creative problem-solving for his tech support clients than printing out every possible piece of paper to cross "t"s and dot "i"s. That said, Jared had a writ Review Often The best Strategic Thinkers check that their thinking has been validated. Is it going to work, against a world of regular, consistent and yet sometimes volatile change? This activity is a moving target, so to build a better understanding, snapshots; benchmarks and regular stocktaking are all very useful to confirm the quality of 11 Things Small Business Owners Can Learn From Rudolph The Red-Nosed Reindeer Strategic thinking is part science, part artform. To be up there with the best you need to use the left and right sides of your brain, a skill which takes practice as well as confidence.1. Everyone Makes A Difference – Despite not letting him play in their games, the other reindeer came to understand Rudolph’s importance. Look for the talents in each of your employees.2. Have Courage And Confidence – At first Rudolph ran from his problems, then he came back to face them. When things are tough, keep working hard and believing in yourself.3. Don’t Always Listen To Experts – Hermey went against the wishes of the elves and became a dentist. Be receptive to others’ advice, but remember, in the end you know what’s best.4. Know Who You Are Here are some skills that the very best strategic thinkers have, and use, every day. They Have a Vision They are great at both thinking with a strategic purpose as well as creating a Visioning process. They have both tools in their kit and they use both to complement each other. This form of supportive thinking and seeing the future, creates a way of thinking and evolving strategy that is focused and yet broad. Make Time In a busy businesses and organisations, be they small or large, making the time is vital. At the top of their game key strategic thinkers take time out. Maybe a retreat (maximum points!); maybe a day in a hotel foyer; maybe an afternoon somewhere/anywhere, with a blank sheet and a thinking hat on. Whatever works for them - but they do it. Are Not Hasty The clue is in the description, Strategic Thinking is not about today, tomorrow or next week. In close partnership with holding a clear vision for the business future, these two create the tomorrows of the future. But not tomorrow! This is shaping, coaxing, tuning for a quality business performance in the years to come. Great exponents take time to fine tune, revise and engineer quality futures! Absorb and Notice They are truly aware. In any business, there are clues, often subtle, both internal and external, to help guide future direction and realize opportunities. Great Strategic Thinkers take all of this in, so that as they set aside time to think, they have a full deck of information to guide them. Sometimes, it's an 'aha' moment on vacation, when they observe something that resonates; it might be on a morning walk out in the country; it might be what someone says as they serve them coffee. Making links, however tenuous, is what makes this work so well. Review Often The best Strategic Thinkers check that their thinking has been validated. Is it going to work, against a world of regular, consistent and yet sometimes volatile change? This activity is a moving target, so to build a better understanding, snapshots; benchmarks and regular stocktaking are all very useful to confirm the quality of What is Contract Programming? An Alternative to the Conformity of Everyday Employment ent each other. This form of supportive thinking and seeing the future, creates a way of thinking and evolving strategy that is focused and yet broad.What is contract programming, you ask? Well, when companies need specific computer programming expertise, for temporary periods of time, they generally hire a contract programmer or an employee of a consulting firm. Contractors almost always have a higher hourly wage than a salaried employee and are often paid for overtime. Contracts can last from one to three months to many years, depending on the situation. A contract programmer generally does one thing: program (code) for the duration of the contract. So, contract programming is just an area of computer consulting. Other areas of computer cons Make Time In a busy businesses and organisations, be they small or large, making the time is vital. At the top of their game key strategic thinkers take time out. Maybe a retreat (maximum points!); maybe a day in a hotel foyer; maybe an afternoon somewhere/anywhere, with a blank sheet and a thinking hat on. Whatever works for them - but they do it. Are Not Hasty The clue is in the description, Strategic Thinking is not about today, tomorrow or next week. In close partnership with holding a clear vision for the business future, these two create the tomorrows of the future. But not tomorrow! This is shaping, coaxing, tuning for a quality business performance in the years to come. Great exponents take time to fine tune, revise and engineer quality futures! Absorb and Notice They are truly aware. In any business, there are clues, often subtle, both internal and external, to help guide future direction and realize opportunities. Great Strategic Thinkers take all of this in, so that as they set aside time to think, they have a full deck of information to guide them. Sometimes, it's an 'aha' moment on vacation, when they observe something that resonates; it might be on a morning walk out in the country; it might be what someone says as they serve them coffee. Making links, however tenuous, is what makes this work so well. Review Often The best Strategic Thinkers check that their thinking has been validated. Is it going to work, against a world of regular, consistent and yet sometimes volatile change? This activity is a moving target, so to build a better understanding, snapshots; benchmarks and regular stocktaking are all very useful to confirm the quality of Top 5 Reasons to Become an Entrepreneur . Whatever works for them - but they do it.Something that I am asked every couple weeks is "why entrepreneurship?". This is a question that always makes me hesitate, and I've noticed that my reply is never exactly the same. Yet deep down I know it's what I love and would do even if the world was topsy turvy and making a lot of money through entrepreneurship wasn't possible.Let's examine the decision to be an entrepreneur. It's a complex topic so I'm going to break it down into a few posts exploring the benefits, disadvantages, misconceptions, and motivation behind entrepreneurship. I recently read that lists are more likely to attr Are Not Hasty The clue is in the description, Strategic Thinking is not about today, tomorrow or next week. In close partnership with holding a clear vision for the business future, these two create the tomorrows of the future. But not tomorrow! This is shaping, coaxing, tuning for a quality business performance in the years to come. Great exponents take time to fine tune, revise and engineer quality futures! Absorb and Notice They are truly aware. In any business, there are clues, often subtle, both internal and external, to help guide future direction and realize opportunities. Great Strategic Thinkers take all of this in, so that as they set aside time to think, they have a full deck of information to guide them. Sometimes, it's an 'aha' moment on vacation, when they observe something that resonates; it might be on a morning walk out in the country; it might be what someone says as they serve them coffee. Making links, however tenuous, is what makes this work so well. Review Often The best Strategic Thinkers check that their thinking has been validated. Is it going to work, against a world of regular, consistent and yet sometimes volatile change? This activity is a moving target, so to build a better understanding, snapshots; benchmarks and regular stocktaking are all very useful to confirm the quality of How to Communicate Effectively in Troubled Times p>In troubled times – be it war, a shaky economy, or political uncertainty – it's harder than ever to engage your audiences. There's just so much on everyone's mind.So how do you keep communication going, as it must, during this time?Communications experts tell us that nonprofits (and other organizations) should expand their communication efforts during war and economic downturn, with an increased focus on fact-driven messages. A recent article in PR Week reports results of a survey of journalists nationwide who almost unanimously urge organizations to "communicate fa Absorb and Notice They are truly aware. In any business, there are clues, often subtle, both internal and external, to help guide future direction and realize opportunities. Great Strategic Thinkers take all of this in, so that as they set aside time to think, they have a full deck of information to guide them. Sometimes, it's an 'aha' moment on vacation, when they observe something that resonates; it might be on a morning walk out in the country; it might be what someone says as they serve them coffee. Making links, however tenuous, is what makes this work so well. Review Often The best Strategic Thinkers check that their thinking has been validated. Is it going to work, against a world of regular, consistent and yet sometimes volatile change? This activity is a moving target, so to build a better understanding, snapshots; benchmarks and regular stocktaking are all very useful to confirm the quality of How to Encourage Prompt Payment t be what someone says as they serve them coffee. Making links, however tenuous, is what makes this work so well.Encouraging prompt payment is at the heart of good cashflow management. Conversely, late payments by your customers can make your business vulnerable as you risk getting into financial difficulties.So how do you encourage prompt payment by your customers? Read our top tips below for some practical ideas.Although of course you cannot guarantee that your customers will pay you on time even if you implement these suggestions, you can certainly cut down on the incidence of late payments.Use Your Invoices To Encourage Punctual Payment1. Calls to actionPutting Review Often The best Strategic Thinkers check that their thinking has been validated. Is it going to work, against a world of regular, consistent and yet sometimes volatile change? This activity is a moving target, so to build a better understanding, snapshots; benchmarks and regular stocktaking are all very useful to confirm the quality of the thinking - and absorbed into the skillset for their and their organizations future. Learn from Experience Over time, these folk use their experiences, small and large, to think better on strategic issues. This makes their use of this time really efficient and particularly effective. There are learned short-cuts to the perhaps more formalized strategic planning process and experience is a huge, valuable added bonus. Use a Team By utilising more than just their own brain (though this is vital for some of the process!), those great at Strategic Thinking bounce ideas off others in the workplace and encourage their input above and beyond their delivery of the day job. The old adage that 1+1=3 in the input of thinking is hugely valid. And 5 people make a much more significant contribution than 2 - and so on! Realism Rules (A Little!) Although they create ideas very openly, key strategic thinkers have a sense of realism and honesty about what is achievable in the longer term. This is not to hold them back; more it is to deliver success. They underpromise and overdeliver, whilst also ensuring that the day to day business of the organization - the 'now' - is served adequately too. That's what gets the business paid today, whilst building the future of tomorrow. Have Clear Milestones By creating checks in their thinking, to review progress, they have the opportunity to tweak. They have an innate ability to spot the twists and turns necessary. A 5,000 mile journey by a jet plane reaches the destination only by regular and consistent course checks and adjustments. Are Non-Judgemental Because the route to a successful future is not bounded by judging their, or others, thinking as they get creative - that is for elsewhere - better ideas flow. Open minds are encouraged and the detail tested later. O
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