Setting Goals or Focusing on Processes?

Setting Goals or Focusing on Processes?

IFinish Line´m a huge fan of goal setting. In my eyes we need to write down goals and do my best to stick to them. But recently I read an article on entrepreneur.com about “Forget Setting Goals

The author, James Clear, has a opposed view of goals. And even I´m still setting goals – he has some mindful thoughts.

 

What is wrong with setting goals?

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The McDonalds Theory

The McDonalds Theory

Jon Bell wrote an interesting quick-read about a way to start creative processes.

I use a trick with co-workers when we’re trying to decide where to eat for lunch and no one has any ideas. I recommend McDonald’s.

creative process

He describes a situation everybody of us knows: Once McDonalds is announced the discussion starts and people start to get creative.

 

 

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Business Model Generation – Part5 – Process & Final Words

Business Model Generation – Part5 – Process & Final Words

Process

In this chapter we tie together the concepts and tools from the book to simplify the task of setting up and executing a business model design initiative.

The process the authors describe provides a starting point upon which just about any organization can customize its own approach. The process has five phases:

  • Mobilize
  • Understand
  • Design
  • Implement
  • Manage

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Business Model Generation – Part4 – Strategy

Business Model Generation – Part4 – Strategy

Strategy

There is not a single business model … There are really a lot of opportunities and a lot of options and we just have to discover all of them.” Tim O´Reilly, CEO

This section is about re-interpreting strategy through the lens of the Business Model Canvas. This will help us constructively question established business models and strategically examine the environment in which our own business model functions.

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Principles of a lean startup – 3 Steer and Lead

Today´s chapters:

STEER and LEAD

How Vision leads to steering.

At its heart, a startup is a catalyst that transforms ideas into products. As customers interact with those products, they generate (qualitative and quantitative) feedback and data.

There is a three-step process:

Ideas – BUILD – Product – MEASURE – data – LEARN – back to ideas(the goal is to minimize the total time through the loop)

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