Struths
2023-08-25
Struths are essential and universally applicable strategic truths. They are principles rooted in proven business wisdom, that guide decision-making, planning, and execution. They are considered self-evident truths that resonate across industries and cultures, providing a foundation for being successful business and organisations.
Characteristics of a Struth
- Timelessness: Struths hold true across different eras and economic conditions.
- Universality: They apply to various business models, markets, and industries.
- Simplicity: Though profound, Struths are often simple and easy to understand.
- Actionable: They provide clear guidance for strategic planning and implementation.
- Wisdom-Based: Struths are derived from accumulated business wisdom and proven success.
Struths
- The strength of the relationships within an organisation determine the success of the organisation
- If you can’t name your priorities out of your head then you don't have priorities
- People support what the create (derived from Dale Carnegie)
- "Human resources" is an oxymoron. People are much more unique and interesting than resources
- There are no experts in predicting the future
- Telling talented people what to do limits their contribution to your imagination
- If your executive team can't describe the ❤️ of your strategy at 3am then you don't have a strategy
- Understand motivations to understand behaviour
- The bigger an organisation the more people in the organisation will work to primarily cover their arse
- Change only happens from choice, chance or crises (John Kehoe)
- Strategy is about getting into a more powerful position against a changing environment
- Everyone has a plan until they are punched in the face (Mike Tyson)
- Empathy is walking in another persons shoes and getting a blister in the same place
- Look for insightful questions and not insightful answers
- The success of an intervention depends on the interior condition of the intervenor (Bill O’Brien)
- The biggest lever in our lives is 'know thyself'
- Empathy helps us learn. Judgement confirms our existing knowledge
- Life is a game that no one gets out of alive
- Intuition is like sense of humor - we all think we are better than we are
- Facts knock politely on the door; stories crash the party naked
- The problem with being an opportunist is if you have to wait for an opportunity
- Analysis without paralysis, synthesis without clutter