Tag Archive for Strategy

That elusive challenge.

August 2, 2015 No comments


Challenges
Wisdom embodies more than the current body of knowledge to unmask the elusive challenge!

Challenges come in all shapes and sizes, while the elusive challenge can be front and centre with all our attention or taunting with dwindling hope or worse, accepted as a lost cause and another self-imposed barrier.
Even with our best efforts, what might not be so obvious are the challenges that are never resolved, that appear every year despite any form of continuous improvement. These reflect on the organisations maturity level, or weaknesses that can define us. Then, there are the challenges that are never considered, as complacent organisations ignore outstanding issues, missed opportunities or broader visions, needed to explore a greater potential.
Whether it is the ROI challenge, pursuit of profit, efficiency, growth, unravelling a paradox, cultures of oppression, stigmas, close to death experiences or implementing a strategy, the key to each challenge has the same underlining premise; to develop beyond the confines of our conditioning or limitations. This may require some additional skills or extraordinary efforts as described in the sections of this article:

  • Research
  • Problem solving.
  • Management skills.
  • Implementing a plan or strategy.
  • Evolving

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Critical skills for decision making.

May 3, 2015 No comments


DecisionSkills
Good decisions are not based on titles, qualifications, or popularity;
Try compassion, intelligence and lots of imagination, knowledge and skills.!

The way we make decisions can have a significant impact in all our lives from business to daily decisions that can affect our success and quality of life.
Some decisions can have devastating consequences or impact our reputation or financial situation to create a long and difficult challenge to recover.
We can all appreciate the many situations that can result in poor decisions, from a lack of knowledge to emotional reactions, like impulse buying that can cripple any budget even if budgeting enables better choices.
We tend to be limited and habitual in how we make decisions, unconsciously constrained by our own understanding, the politics of the situation, conditioning and clouded influences to be driven by emotions, need to conform, rationalise, compromise, meet expectations, avoid any risk or commitment.
There is an opportunity to make better decisions if we make decision making a more conscious process and develop key capabilities. Some areas that we could improve beyond the traditional models include :

  • Broader intelligence.
  • Drive to pursue a better understanding and much needed insights.
  • Critical thinking and analytical abilities.
  • Decision making strategies.
  • Negotiation skills.
  • Simple steps to decision making and navigation.

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Create bargaining positions to negotiate better conditions, opportunities and prospects

September 5, 2014 No comments


Bargain

Make the most of today, leverage your advantages with research,
analysis, insights, smart tactics and strategies!
The decisions you make today can impact the rest of your life!

There are so many contracts or propositions with poor conditions and inbuilt disadvantages that set a challenge to explore and create better bargaining positions. Most proposals remain unchallenged while their conditions only get worse with time. Meanwhile opportunities just go unnoticed, unexplored and with time can be lost or become more difficult to envisage.
The time taken to research the proposed agreement can improve any bargaining position and the prospect to negotiate better terms that will also improve your position for the future. The biggest challenge is when the whole industry adopts the same bad practices to depict a deteriorating situation as no other option is evident or easily attainable. Investigating the dynamics involved will uncover the potential consequences of accepting the status quo, conforming and taking no corrective action.
This applies to so many areas, from employment contracts, purchases, properties, partnerships, to the facilities that you use.
So how do you recognise your opportunities to negotiate and improve your bargaining position?
For many it starts by recognising the challenge, a dilemma or specific issue to fuel the drive that can break the cycle of poor decisions or many mistakes with the steps that can set a positive direction:

  • Review the current arrangement or proposition that might not be favourable, to set a goal that can achieve something better with a vision of how things could be.
  • Consider what skills you might need to develop further or include in your team to succeed.
  • Uncover the dynamics and the barriers.
  • Create a position to leverage your advantages.
  • Set the ground work to enable opportunities.
  • Develop new driving forces and opportunities.
  • Build trust and a vision that all parties can support.
  • Secure the deal and its execution.

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