Larry Bossidy and Ram Charan have reminded me to focus on the external environment of an organization so I can determine direction. I like their planning model.
External Realities
- Financial History of Your Industry
- Overall Business Environment
- Customer Base
- Root-Cause Analysis
Internal Activities
- Strategy
- Operations
- People
- Organization
Financial Targets
- Operating Margins
- Cash Flow
- Capital Intensity
- Revenue Growth
- Return on Investment
Iteration
- Iteration produces tested actionable models
I feel something coming together in me, but it is difficult to express it. Somehow, I must lead/manage, but it is not leading a sole company. It is leading an organization that combines dunamis, sophia, and agape.
Bibliography: 1. Bossidy, Larry and Ram Charan. Confronting Reality: Doing what Matters to Get Things Right. Crown Business: New York, 2004.
