Startups. 6 Habits of True Strategic Thinkers. In the beginning, there was just you and your partners. You did every job. You coded, you met with investors, you emptied the trash and phoned in the midnight pizza. Now you have others to do all that and it's time for you to "be strategic. " Whatever that means. If you find yourself resisting "being strategic," because it sounds like a fast track to irrelevance, or vaguely like an excuse to slack off, you're not alone. Every leader's temptation is to deal with what's directly in front, because it always seems more urgent and concrete. This is a tough job, make no mistake. After two decades of advising organizations large and small, my colleagues and I have formed a clear idea of what's required of you in this role.
Anticipate Most of the focus at most companies is on what’s directly ahead. Look for game-changing information at the periphery of your industrySearch beyond the current boundaries of your businessBuild wide external networks to help you scan the horizon better Think Critically.
Quit Your Job, Start A Company « Perpetual Motion. Posted by perpetualmotion under Entrepreneurship[4] Comments Yes, we are in a once in a lifetime economic downturn and yes, financing for new ventures is anemic, and yes, your prospective customer’s budgets (or the advertising budgets you hope to subsist on) will be tighter than ever… but yes, all that withstanding, there has never been a better time to quit your job and start a company. Running a company myself, I clearly have a biased perspective, but I continue to meet - almost daily – entrepreneurs, many of them first-time entrepreneurs, diving headlong into new ventures. I’ve come to believe that the driving reason for this continued optimism is that the opportunity cost of starting a new company has never been lower.
The concept of measuring opportunity cost was a favorite pastime of many people that I met back in business school. In the job you are working now, you will likely make less than you made last year or not nearly as much as you had anticipated when you took that job. Extreme Presentation Method. New Venture.