Strategy - Sharing Tomorrow

River cuts through rock not because of it’s power but persistence. Believing in first philosophy is the key to grow a new idea.

        Idea walks with a lot of plans (strategy), skills, specialized knowledge, categorized tools etc. Especially, skills required for any job will change rapidly and needs to be updated. 

Culture is changing and changes will improve the education, health, economy and international presence in the globe.

To fly high with enrich resources, it is essential to start with the vision &  work-down to the tactics as you plan for the better version of systems and life. 

From merger-demerger, funding- refunding, Investment-disinvestment, cracking multi-million dollar deals, formulating policies, management, projections, branding and much more. Every element of business consists of step-by-step strategy (plans) which initiates an action kinda results. Providing work environment, delivery excellence, governance and compliance also comes from strategy.

In the era of Glocal Markets, India is the 3rd largest ecosystem in the world. Solving market spaces like co-working enables the future of work-space and is probable to increase by 4X  by 2020.

Any successful idea which is trending in society has 4 major elements -

• Basically satisfies need.

• Advantage for change-drivers.

• Being innovative.

• Gives rise to new expectations.

These elements are driven by Entrepreneurship which is a new set of businesses i.e. startups, new entities or venture firms. A famous saying that states, “Two heads are better than one”. Collaborating with a partner will only build your capacity. Entrepreneurship is never as simple as it seems no matter where you are from. Most people only see the aftermath of all the hard work — for instance, being your own boss, making the difference you want in the world and shaping your own career. 

So, We live in a world where what worked yesterday won’t necessarily work tomorrow, or

next period. While many leading organizations understand the power of purpose, they find that activating it through their strategies and realizing its full value is much more challenging. Innovation is not optional. It is a must. To not only survive, but thrive 10 years from now, companies will need to create businesses and cultures capable of driving the duality of optimal performance today and innovation for the future.

Generating ideas is only 5% of the challenge. At least 95% of innovation success is based in the ability to execute and bring amazing things to customers at full global scale i.e Strategy. This is innovation realized.

Companies are operating in an uncertain world, where they must continuously adapt to business disruption. In this “constant state of emergence,” companies must evolve at a speed that matches the pace of digital technology adoption. Every business model and every business process is vulnerable whether they are focused on growing, optimizing or protecting their business. Any company that fails to take advantage of existing and emerging digital technologies to reinvent itself will be left behind. But it’s not just about adapting to and implementing new technology — it’s about running a business like a digital leader or a giant.

There are 3 prolonged strategy that comes up for sustainable better tomorrow –

• Knowledge Worker.

• Premiumization Strategy.

• Impeding Growth.

Although the ultimate goal of the strategic planning process is to develop a plan, the value of the exercise often lies in the process itself. Strategic planning affords individual in an organization the opportunity to learn more about the organization, to share their perceptions of its strengths and weaknesses, and to discuss critical issues affecting, or likely to affect, the organization in the future. The process should be designed to generate decisions arrived at by consensus. Single-person planning, while efficient, almost always eliminates the opportunity to distribute ownership of the plan — and, by extension, responsibility for the organization's future — among key members. In contrast, a consensual approach is likely to ensure that key stakeholders believe in the organization's vision of the future and are committed to achieving it.

To Inspire -

The truth is the path getting there is a windy road for everyone who makes it. The beginning of the cycle is filled with worry, excitement and long hours. There are times when you will feel like there is too much work and not enough resources, but you have to keep pushing forward. You will have sleepless nights where you contemplate giving up, but I promise you, in the end, it is worth it. My advice to anyone going through this beginning phase is­­ to remember why you started out in the first place and think about the impact you will make in the long run.

There are times when it makes sense to plan and other times when you want to avoid planning like the plague. Organizations that are already strapped for resources can save valuable money, time, and effort by avoiding the trap of using the planning tool to resolve problems that are systemic.