02/24/2022

Principles Can Help You Focus on Today's Problems

Past business models and principles can provide strategic guidelines for the future

The number one rule of strategic thinking is to be current. In the past three years, the world of business has changed so dramatically that anything written before 2020 should be examined carefully to ensure the key points are still valid today. That means getting out in the world to understand how organizations actually operate now.  

Thinking Ahead
You cannot survive by studying the business models of the past. You must be thinking ahead of the power curve so you at least have an accurate view of the environment in which you are trying to thrive.

What is the benefit of reading books that outline great details about models for strategic planning? The benefit is that the process of strategic thinking and the mental steps you take are fixed and really do apply, even in vastly different environments.

Please select this link to read the complete article from The Trust Ambassador.