Your Value Chain are those activities that your firm engages in as you transform inputs into outputs. There are two types of activities as part of your value chain, primary activities and support activities. Primary activities are those that are associated with generating revenue for your firm and often include […]
Category: Career
Clear and compelling vision and mission statements are important in the context of strategic planning. They help to provide the foundation and guide for your forward-looking efforts. Ideally, the scenarios, ideas, and opportunities that are developed and pursued in your organization are aligned with your vision and mission statements. But […]
There is a special skill that is required to be a true visionary. Your head has to be a bit in the clouds to dream of options beyond today’s possibilities, but you also must position yourself to ensure that those ideas are executable. There are many examples of people who […]
Speak with anyone about decisions and it’s likely that you will get an eye roll. When I was young, I could not wait to grow up so that I could finally make more decision in my life. I had the type of childhood where many of my decisions were made […]
For many professionals, we have been told over and over by our companies to make our goals SMART. SMART is an acrostic which stands for goal characteristics: Specific – narrow enough to result in effective planning Measurable – able to be tracked over time Attainable – achievable and able to […]
Failure is defined as non-performance – when you don’t achieve an outcome that you would like. This could include things such as not achieving your desired outcome on a plan, performance, financial goal, etc. It is important to learn, however, not to internalize situations that happen as a reflection of […]
A mentor is a trusted advisor. This person can offer you experience, guidance, advice, help, wisdom and encouragement as you travel your career or life journey. There is a very distinct difference between someone who gives you training vs. someone who mentors you. Training is usually led by someone with […]
Companies usually implement some type of feedback system to provide employees with an evaluation of their performance. These reviews or check-ins are usually focused on progress toward goals that have been already identified. Generally, if you did more than what was expected, you get rated higher. If you did less, […]