Archive for the ‘StrategyTuesday’ Category

StrategyTuesday #26: Ins and outs

Tuesday, October 14th, 2008

As an entrepreneur you need to have your finger on the pulse of your business. You have to know all the small details of you business so that you would be able to make cutting edge decisions on where to go with your business. You need to know what your ...

StrategyTuesday #24: Mission Statement

Tuesday, August 26th, 2008

A mission statement is a brief statement of purpose and priorities. A business’ mission statement, as per yesterday’s post, is very important to make sure that everyone in the business is working towards a common goal. Herewith are mission statements of well-known companies: Walt Disney -"To make people happy." Google - "To organise ...

StrategyTuesday #23: Metaphors as a language tool

Tuesday, August 19th, 2008

Following on yesterday’s post “The word is mightier …” I want to explore metaphors as a way to get new perspectives on old issues. Metaphors can be used as a tool to understand challenges better and to approach it with innovation [Von Oech]. A metaphor is a figure of speech ...

StrategyTuesday #22: Secure & bubbles

Tuesday, August 5th, 2008

Running a small / medium enterprise you sometimes find yourself drawn to one of two options when allocating your time and focus. The one, being the big contracts and projects that bring in a bubble of income but that sometimes takes months to pull off. When you are used ...

StrategyTuesday #21: Finding opportunities

Tuesday, July 22nd, 2008

A few months ago I wrote two StrategyTuesdays (#5 & #8) on how to spot new opportunities. I tried to give pointers to the question: How/where do you get a new ideas in a world where almost everything has already been tried? Today I would like to add ...

Time matrix - after thoughts

Friday, July 18th, 2008

With reference to the two StrategyTuesdays (#20 and #20 continue) posted on the time management matrix the following after-thoughts: Q2 issues usually involve more creativity. Q1 issues generally involve more mechanical thinking. An overflowing inbox is a Q1 activity. A way to handle it with a Q2 mentality would be to ...

StrategyTuesday #20: Time Management Matrix - continue

Wednesday, July 16th, 2008

Following on yesterday’s StrategyTuesday #20 we are today looking at Q3 and Q4 of Covey’s time management matrix. Q3 represents activities that are urgent but not important to you (although they may be important on someone else’s matrix). Here the ‘noise’ of urgency sometimes tricks us into thinking an activity ...

StrategyTuesday #20: Time Management Matrix

Tuesday, July 15th, 2008

Time is for all of us a very valuable commodity. A tool that I find very useful to manage my time with is the time management matrix from Stephen Covey. For today’s StrategyTuesday I would like to summarise this matrix. The matrix categorises activities into 4 quadrants (Q1 - ...

StrategyTuesday #19 Cross Fertilisation

Tuesday, July 8th, 2008

Entrepreneurs often deliberately expose themselves to different fields in order to obtain new exposure and ideas. Strategies that can help you to be more open for cross fertilisation [von Oech] are: Develop an expectation that wherever you go there are ideas waiting to be discovered. Be a life long learner. ...

“Belated” StrategyTuesday #18 Closure

Thursday, July 3rd, 2008

For the past four weeks we have looked at negotiation strategies. Today we will look at the closure and implementation phase. During the closure phase you need to pursue the following tasks [Lewicki & Hiam]: Wrap up the final agreement; Write out a contract or a memorandum of understanding based ...