In some extreme business situations, there are a few major wins. The rest lose. Lives are interrupted. Time and resources are wasted. Dreams are smashed. Some relationships are broken. Reality permeate. But life goes on.
In some unique and rare cases, the situation is about life and death not about succeeding or failing.
We do not think that anyone of us wanted the above scenario in our lives!? To succeed in a "ever-changing" economy, you have to learn how to assess a situation.
The Psychology of Strategy
The degree of one's goal or current objective is proportional to the degree of effort that one exert into the act of assessing.
By deciding to read this book, the usual reasons are:
- one is interested in the essence of competition from an ancient Chinese perspective; or
- one is in midst of a strategic situation and is in need of a new insight for understanding the competition.
Comments From The Compass Desk
Most people possessed the tendency of improvising. Some believed in the notion that life is an adventure. Improvise on near-everything is acceptable for those who have near limitless time and an abundance of resources. However, everyone is not that fortunate.
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
To properly assess things strategically, you must determine what is the necessary information and possessing the drive to collect it while not taking the significant matters for granted.
The constant practice of absolute efficiency is the standard of the information economy. Are you planning to "scrum" your project development?
So, do you know how to assess a strategic situation? Are you able to identify an extreme competitive scenario? Do you know what is your approach for that scenario?