Do your employees work like a well-oiled machine?
Strategic Portfolio Management – My sweet spot! Aligning strategies with investment availability for growth vs keeping the lights on vs operational improvements. It’s not just investment availability it is matching the capacity and capabilities to be able to achieve the imaginable future.
You need alignment of stakeholders to have the courage to continually review activities. The activities aligned to your business planning cycles.
It is about the right things, at the right time, done in the right way.
I’m here to tell you it is achievable.
Can you assess your current investment portfolio (who is doing what and why) and have the courage to reprioritise, merge, stop, accelerate and start within 2 weeks? Can you match this against capability and capacity to do the work in the time required? Have you the right advisors or thinkers to think differently than today to achieve tomorrow?
Have you ever seen anything more incredibly controlled and organised as a pitstop crew in Formula One racing?
The driver must stop on the exact mark to allow easy access for the crew. The driver shifts into neutral and keeps a foot firmly on the brake. Simultaneously the ‘wheel gun crew’ immediately remove the wheel nuts, the ‘jack crew’ raise the car, while the ‘refueller’ has 1.5 seconds to connect the hose. As the refuelling begins the ‘tyre off crew’ have 2.5 seconds to remove the wheels and move out the way so the ‘wheel on crew’ can attach the new, preheated wheels within 3.5 seconds and another crew member can clean the driver’s helmet visor. Then the ‘wheel gun crew’ tighten the nuts, and the ‘jack crew’ lowers the car. Finally, the driver shifts to first gear as the refuelling finishes and a crew member wipes spillage. The driver takes off .3 seconds after fuel hose is removed. This all occurs in a maximum of 16 seconds! There are over 20 people involved in a Formula One tyre change and refuel, and every one of them needs to be in exactly the right place, doing exactly the right thing, at exactly the right moment. While each crew members sole focus is on their specific job, they need to demonstrate awareness of the sequence of roles for the rest of the team in order to beat the clock.
It astounds me that so much can be achieved in so little time when managed correctly. This is what I want for you. I want your business running like a well-oiled machine. I want you to reprioritise your focus over the coming weeks to set the path to achieve your imaginable future. I want you to set clear objectives for yourself and your people, so everyone knows the role they are responsible for. Teamwork is imperative, but that begins with each individual realising their value within that team.
Think about the gap between your now and your imaginable future, what actions can you take NOW to begin your journey? .. and hand pick those that can think differently about how to achieve outcomes for the future.
Successful people have fear, successful people have doubts, and successful people have worries. They just don’t let these feelings stop them.
– T. Harv Eker
Ferne Eliz King
Love Life Love YOUR Life
About Ferne
Ferne is globally recognised and called upon for quickly accelerating complex change to achieve business strategies. Translating strategies to actionable plans, prioritisation of those actions, engagement from the right people, bringing business architecture to life or your life plan if individual and in many cases driving the change as a program director. The bottom line is Ferne accelerates businesses or individuals to achieve outcomes and enabling that is her passion.
What's the consequence if you take no action?
“If you do the same thing today as yesterday, your tomorrow will be the same as today”. Ferne Eliz King
Want To Learn More?
Book a free 15 min call and see how Ferne can help you accelerate your aspirations for you or your business.