Craig Groeschel Leadership Podcast Investing Your Resources the Right Way, Part 2
Apr 4, 2018
Discover the four common pitfalls in resource allocation that leaders often fall into. Learn how to wisely invest time, energy, and finances to drive organizational growth. Explore the importance of adaptability and informed decision-making to enhance impact. Uncover impactful concepts that can spark meaningful discussions within teams. This conversation emphasizes the need for authentic leadership and strategic planning to foster effective leadership development.
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Episode notes
Invest, Don't Spend
- Clearly define your "win" before allocating resources.
- Invest your resources strategically, expecting a return, rather than simply spending them.
Static Resource Allocation
- Static resource allocation, repeating the same actions and expecting different results, is ineffective.
- Avoid organizational insanity by adapting your resource allocation based on performance and market changes.
Fluid Resource Allocation
- Reallocate resources from ineffective areas to those showing momentum or potential.
- Reallocation is key for growth, yet many companies fail to effectively shift resources.