Wes Struebing’s Post

You are interested in corporate strategies which "Go Big". They achieve amazing results for companies, organizations and even countries. But you are suspicious of those who want them too fast. You think they are being selfish. Or short-sighted. They have quarterly targets to hit. Stock prices to drive upwards. Boards to impress. Or elections to win. Needy people to serve. And therefore, you think, they are being unrealistic. Instead, you suspect that in most cases, "Going Big" only works when organizations are willing to "Go Long" to achieve game-changing results. But this puts them in a dilemma. CEO's, Prime Ministers, and Managing Directors often get very nervous at the idea of long-term strategic planning. They wrongly think that this means an unnecessary delay, which means people will slack off, which means the effort will fail. This is why they like urgency. Adrenaline. Emergencies. This is no simple issue to solve. But maybe the presenters at the Long-Term Strategic Planning Conference can help. For 48 hours continuous hours their content will be available to those with Visitor's Passes. To see who they are, visit https://lnkd.in/dfFTA4pH. And to register here on Linkedin, visit https://lnkd.in/euvZcDgB #strategicplanning #strategicforesight Dr. Saleh Al-Ansari

Two thoughts come to mind with this graphic: 1. It is a depiction of what can happen when an exception is made "just this once". For instance, is it OK to make an exception to a security protocol, just this once? Answer: no. The late Clay Christensen (Harvard, "The Innovator's Dilemma", "How Will You Measure Your Life?") wrote about this scenario in the latter book: "Many of us have convinced ourselves that we are able to break our own personal rules “just this once.” In our minds, we can justify these small choices. None of those things, when they first happen, feels like a life-changing decision. The marginal costs are almost always low. But each of those decisions can roll up into a much bigger picture ... If you give in to “just this once,” based on a marginal-cost analysis, you’ll regret where you end up. That’s the lesson I learned: it’s easier to hold to your principles 100 percent of the time than it is to hold to them 98 percent of the time." 2. Normalization of deviance, where people accept a lower standard of performance or deviate from established procedures and norms over time, and eventually accept those deviations as the new norm. For a notable example with a tragic result, see: "The Challenger Launch Decision" by Diane Vaughn. Don't let this happen to you, or your organizations, even if you're told it's been that way for a long time and nothing has happened - yet 🧐

On May 1st 2007, I woke up on the first day of the most challenging stretch of my life. I was officially a CEO. I was no longer just leading the finance side of things. I was no longer following someone else’s strategy. I was no longer going on someone else’s plan. We wanted to scale the company, and now, with the title came a responsibility to make it happen. Quite a daunting task, but one I was excited about. On paper, we could rationalise the ambition. If we want to reach our 9 figure target, we just need to: - Increase A by x%. - Increase B by x%. - Increase C by x%. But in reality, many uncertainties remained. The one that weighed heaviest on my mind was → “Is it ‘actually’ possible?” CEOs love to make big bold projections. But it’s also important to know what’s realistic. To understand the how. And it was very tough to understand this at the time (and still is today). So, myself & the Simple Scaling team have created something to solve this. To help CEOs & SMEs understand the full extent of their scaling potential. We’re releasing it on Wednesday at 08:45 AM BST 📅 I can’t tell you anything else yet… But just know, I am very excited to get this out there!

When we build financial life plans for clients they wonder and question why their previous advisers just focused on the product. The plan is owned and lived by the client. You still have time to get your financial life plan. Bill Gates was visionary. Our service is visionary to your own dreams/aspirations. #financialfreedom.

Calling all Diverse Suppliers! Join me for an exclusive virtual fireside chat with Jagtar Narula, WEX's Chief Financial Officer. Gain valuable insights into the current economic landscape and discover strategies for building resilient, financially successful businesses. Learn from a seasoned leader as he shares his expertise on navigating today's complex business environment. Save the date: Wednesday, September 25, 2024, at 12:00 PM EST. RSVP here: https://lnkd.in/g5F-rv-9. #DiverseSuppliers #VirtualEvent #BusinessInsights

Business-critical decisions require the most authoritative advice. We know that for CEOs and leaders, navigating the new political environment and a fast-paced media landscape is now more of a challenge than ever. At Lexington we have spent the last 25 years supporting leading businesses navigate political #change. For more information on how we can help your business understand the opportunities of a new #Labour government, from the people that know them best, do get in touch with Stephanie Lloyd, [email protected]

Three Things Bill Gates Won't Tell You About His Success.💷 Would you love to know the secret Bill Gates and other million dollars investors are hiding? Or, would you love to know how they succeed in climbing their social ladder to the top? This is a secret Bill Gates will never beat his chest and tell random folds about his success. And how he has maintained consistency in the richest person rankings for over 24 years. ☎️Free tips on Bill Gates' consistency in the richest person rankings: ✅️ Place ✅️Person ✅️Information You can't continue being in a jokers environment & expect a change in your financial life as a business personnel. You have to move into the environment of more successful individuals in your niche, then it will boost your financial mindset. Unconsciously, you will also start experiencing personal growth & financial growth through the Info, people in that environ shared. According to the law of human nature, "You can't keep doing what you did in the past and expect different results." As you get more famished for growth, change the circle you meet yourself, & go for the one you want to become. WAGMI🤝 #BillGates #Success #Growth #Development #richestperson #followers #bossuhzi

Need help to navigate the new Labour government? Come speak to the all-round great person and political authority that is Stephanie Lloyd 🌹

❓ ❓ Do you ever 🤔 about what could have been? Every decision we make comes with some sort of implication, whether 👍 or 👎. Most of the time, the implication is pretty small, but there are times when the implications can be huge 😲. Put differently, there’s what we can 👀 around every decision, be it making progress on a particular goal or mitigating a risk. But what about the unseen? What are we unintentionally giving up? Today’s article takes the economic concept known as “the broken window fallacy” and applies it to business decisions. Learn more about this fallacy, plus why decision-makers at all levels should consider the “unseen” of their actions before moving forward. Article is here --- > https://lnkd.in/ejb-ecN3 #BrokenWindowFallacy #opportunitycost #decisionmaking #strategy #riskinformed #erminsights 

💡 What bold ideas do you think would lead to a brighter future in B.C.? We asked our audience and speakers this question at our B.C. Business Summit to share their ideas with B.C.'s political leaders before the election. In the coming weeks, we'll continue sharing these ideas to spark conversations about making B.C. a brighter place to live and work. Idea 2: Provide Policy Stability to Attract Capital ⚖️ Glen Clark drove home that we need a period of policy stability in B.C., where changes are paused to let industry catch up. He emphasized that “capital is a coward” and prefers stable, predictable conditions over constant change. Frequent shifts in regulation make it hard to attract the investment needed to grow our economy. 📑 Read our full report: https://lnkd.in/gEGjBKxd