Terry's Blog | Daily strategies, insights and inspiration to help you achieve your potential

#Strategy

Make sure the people executing your strategy had a role in formulating it.  Involvement drives ownership and ownership drives engagement.

          * www.terrymckennaspeaks.com

Scale-based Strategy

People and companies who have size advantage never really have to learn to strategize the process when they've been able to coast on brute force.  And that works for them...until it doesn't!

          * www.terrymckennaspeaks.com 

Strategic Planning

How much planning goes into your company's long-term success?  None?  Then don't be surprised when your company becomes irrelevant.  Establishing an effective and repeatable planning process is critical to the success of any company. 

          * www.terrymckennaspeaks.com

Data Overload

The problem is not the absence of data: the problem is too much of it and little sense of what data is most important.

          * www.terrymckennaspeaks.com

Competitive Assessment

Here's a good question to ask at your next executive level staff meeting: "What did our competition try, and why did it work."  Look for the little things that made a big difference.

          * www.terrymckennaspeaks.com

Silver Bullet Solutions

There are no silver bullets.  Therefore, you're going to have to use a lot of lead bullets.

          * www.terrymckennaspeaks.com 

Post-Operational Debrief

A post-operational debrief examines all phases of an operation from planning through execution, in a concise format.  What went right?  What went wrong?  How can we adapt our tactics to make us even more effective and increase our advantage over the competition?

          * www.terrymckennaspeaks.com

Different vs. Better

When you can't win by being better, you can win by being different. 

          * www.terrymckennaspeaks.com

Priority Shift

Priorities can and will rapidly shift and change.  When this happens, communication of that shift to the rest of your team, both up and down the chain of command is crucial.  The team must have the ability to quickly reprioritize efforts and rapidly adapt to a constantly changing competitive landscape. 

          * www.terrymckennaspeaks.com 

Data

In our data-driven world, we tend to overvalue numbers and undervalue anything ephemeral, soft, and difficult to quantify.  Just because you can measure something doesn't mean it's the most important thing.  And just because you can't measure something doesn't mean it's not important at all.

          * Terry's Blog: www.terrymckenna.typepad.com