Strategy is an output multiplier
“How can I be more strategic in my role?” I was asked today.
It’s a great question.
At the highest level, being strategic has two components:
How much will your actions contribute to the company’s long-term goals (success)? ↳ Aligning with the business goals ↳ Analyzing and planning ↳ Decision making
How efficient are you at execution? ↳ Collaboration with others ↳ Resource management ↳ Leadership
Good alignment ⅹ Efficient execution = 5x, 10x, 27x results
The higher your role, the more impact your strategic decisions have on the bottom line and the company’s direction.
Here’s the thing …
That doesn’t mean you must be the CEO to be strategic. It just means you need to apply these principles and ask yourself:
Are you passively executing?
or,
Are you actively trying to understand the (underlying) problems you are asked to solve, understand them deeply, and find a way to tie your actions to a measurable business outcome?
Is your default a “yes,” or can you do a cost-benefit analysis and present options?
Yours,
Taj