Strategy - your Road to Success - in Five Steps
1. Know where you want to go.
2. Know where you are now.
3. Know what you have to do to get from where you are now to where you want to go.
4. Do it!
5. Stick to it.
The above can be used for business, non-commercial and personal objectives.
Translating it into business terms:
1. Knowing where you want to go
is your Vision of where you want your business to be in the future
(at a particular point in time, say 5 years hence).
2. Knowing where you are now
means knowing your business/organisation, and the world around you,
using the ICEDRIPSTM checklist
and Internal Audit.
3. Knowing what you have to do to get to where you want to go
is your strategy, 'masterplan' or high-level action plan.
4. Do it!
means work out your detailed action plans, and implement them.
5. Stick to it.
means 'Don't do things that are not part of the strategy',
that is, know when to Say No and don't be side-tracked.
©David Parrish 2005
"If you don't know where you are going, every road will get you nowhere."
- Henry A Kissinger
Note: This web page is not intended to provide comprehensive coverage of the subject, merely a brief introduction to provoke thought and to lead to a more in depth understanding and application of the topic, either through further reading - or from me as your management consultant, executive trainer or personal coach in a consultancy project, training course, workshop or seminar.