The Challenge of Assessing Strategically

Introduction

How do people usually assess the "Big Tangible Picture?" The majority either assess it by observation or by concepts and principles. The rest prefer to assess by data. In our future book, we will cover the topic of assessing by data.

Do you ever think that the majority ever assess the "Big Tangible Picture" in terms of risk, uncertainty and volatility?

How the Compass Assessment Process Works

You don't know what you don't know

You can't do what you don't know

You don't know until you measure

You don't measure what you don't value

You don't value what you don't measure

- Six Sigma

We begin the strategic assessment session by asking some of the following questions:

• What is your conceptualization of the "Big Tangible Picture?"
• How do you usually assess the "Big Tangible Picture?"
• Do you start by understanding your end in mind?
• Do you know what your values are?
• Do you know how to measure your values?
• Do you ever think what is your main competition up to?
• In competitive situation, do you think you can transform your assessed data into a strategic power?

Summary

The quality of strategic assessment is totally irrelevant if the principal can't decide properly and promptly. We will talk more about strategic decision making in a later post.