Categories: PodcastProject Done

Business Strategy Rules Rule

Business Strategy Rules

The big challenge around Business Strategy Rules and Project Design is to plan just the right amount.

My first career was as an architect. Our role was to plan every single thing before any construction started. Whilst this worked for 50-storey skyscrapers, it’s unlikely to be the best way to design your project or create your business strategy.

It prompts the question: How much is the right amount of planning?

Ironically, planning too much can waste time, money and effort. And, planning too little can also waste time, money and effort.

Planning too much can also be a form of procrastination.

Also, what’s the best way to plan when we’re tackling something you haven’t done before? How do you even know what to plan for when you can’t predict what will work?

A Good Strategic Plan

Ideally, a good strategic plan should enable us to:

  • Get started quickly
  • Give direction without limiting our choices
  • Learn what works through real feedback

The alternative to a big fat time-consuming plan is to create a series of project rules that define what to work on, when to work on them and how to make smart decisions along the way.

The key to Business Strategy Rules is to create rules as the means to define your strategy. Rather than define everything, simply define guidelines to use along the way.

The key to a simple Business Strategy is to create simple rules

Ideas Architect Podcast

In Episode 97 of the Ideas Architect Podcast, we have the fifth chapter and third of the seven rules from my book Project Passion.

Some of the things you will learn from this episode include:

Podcast Show Notes

3 Project Passion #3 How not to Plan Your Project

4 Business Coaching: Don’t Fix Problems

Project Passion

Listen, Download, Share

Geoff McDonald

Share
Published by
Geoff McDonald

Recent Posts

Write a Personal Manifesto – Two Quick and Easy Ways

What’s the easiest way to write a personal manifesto? Is it a List, Motto, Purpose,…

2 days ago

How I Wrote My Personal Manifesto in Under Ten Minutes

I wrote my personal manifesto in under 10 minutes. Here’s how I did it. Ready,…

1 week ago

What is a Personal Manifesto? Empower Your Life [2024]

What is a Personal Manifesto? And how can you use one to empower you life?…

3 weeks ago

How to Write a 5-Star Personal Manifesto like Benjamin Franklin

How do you write a five-star personal manifesto? That’s an easy question compared to this…

1 month ago

Write a Personal Manifesto – Seven Ways to be Inspired

What’s the best way to write a personal manifesto? I’ve been collecting and studying thousands…

1 month ago

Four Easy Ways to Write a Personal Mission Statement

Have you ever thought about what your personal mission statement would look like? Would it…

2 months ago