Real Relationships Real Revenue - Audio Edition | Invest in Relationships to Build Your Business and Your Career How to Leverage Strategic Thinking for Maximum Success At Any Level with Strategy Pro Rich Horwath
Feb 13, 2024
Rich Horwath, a strategy expert and author of 'Strategic,' shares his insights on the power of strategic thinking. He explains how daily choices drive long-term success and the necessity of distinguishing tactics from strategy. Horwath introduces engaging frameworks, like the '3A' for daily strategic thought, and emphasizes unique value creation. He discusses the importance of strategic risk-taking and the significance of organizational fitness, mental toughness, and effective communication in fostering success at every level.
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Daily Actions Define Real Strategy
- Everything you do is either tactical or strategic and your daily resource use defines your real strategy.
- Good process drives outcomes, so focus on how you use time, talent, and budget each day.
Don’t Mistake Goals For Strategy
- Don’t confuse aspiration with strategy and stop treating goals as the strategy itself.
- Instead, define what you aim to achieve and how you will get there with a clear plan.
Best Practices Can Be a Trap
- Adopting industry best practices creates competitive convergence and reduces differentiation.
- Also, excessive cautiousness kills calculated risk-taking and prevents trade-offs that create advantage.
