In a highly competitive world with scarce resources, some people think it is harder to excel in life, career, and business. Yet there are others who find a way to make their mark.
Why? How?
I believe it is all about strategy. In the short quote above, Harvard professor Michael Porter, often hailed as the Father of Business Strategic Planning highlights succinctly three things that strategy will help you make a difference:
1. It helps you to make a choice. we all face an avalanche of information, options, and priorities. Strategy helps you to decide.
If you don’t have a strategy, you will be swayed like a boat blown by winds coming from different directions. You will lose focus.
2. Strategy differentiates you from the rest.
In order to be irreplaceable, one must be different.
Coco Chanel
How are you different from your business competitors? How are you different from your rivals? What makes you special? What is your unique selling point as a business, professional, and individual?
In other words, how irreplaceable are you? A good strategy will make you always relevant to your context. I have seen too many people who became irrelevant to the market, to employers, to clients, to spouses, to families, and to friends. They lost what they fought hardest to keep because they did not have a good clear strategy.
3. Clarity and Focus
Michael Porter talks about deliberateness; strategy is about being clear and focused, so you know what to deliberately do. Good strategy leaves nothing to chance. It does not allow circumstances to dictate your choices. A good strategy helps you see clearly what you need to do and what you must say NO to.
Knowing what and when to say YES or NO is a critical skill for the 21st century.I hope, through this blog, you get regular input that will clarify your strategy for business, career, and life, so that you will live and prosper not by chance, but deliberately.
Keep Scaling Forward!
The Growth Catalyst Team
#growthmindset #scalingup #businessgrowthstrategy
