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Friday, March 03, 2006

Sharpening Your Business Acumen

How do leaders anticipate external trends and craft their strategies accordingly? They follow a six-step thinking process.

Strategy+Business magazine offers a six-step guide for incorporating external trends into your internal strategies.
  1. What is happening in the world today?
  2. What does it mean for others?
  3. What does it mean for us?
  4. What would have to happen first (for the results we want to occur)?
  5. What do we have to do to play a role?
  6. What do we do next?

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