Strategy
“Business Wisdom” is a contribution by Mr. Anil Laud, former MD of Siemens. He has several years of experience in the corporate world and wanted to share his experience and learnings with Professionals. Keep visiting this area regularly for the new articles.
- Maintain clarity on your short term and long term goals and all your actions be guided by that.
- Instead of just focusing on what you ‘shall do’, also consider ‘what you shall not do’. You might fall short of bandwidth and consequently you would have no resources left to even to work on your ‘shall do’ part.
- Differentiate between the ’Strategic’ part and the ‘Operational’ / ‘Tactical’ part. Do not mix up one with the other.
- Tunnel vision – If you have only a hammer at your disposal, all problems look like nails