From my colleague David Mead on strategy for 2009
WHAT KEEPS YOU AWAKE AT NIGHT?
1. Is my company too passive? Are we missing opportunities? Am I spending too much time being internally focused? Is it time to take control and chart a new strategic direction for the business? If so, what is it?
2. How do I grow? Where do I find new growth…new profitable growth?
3. How do we prepare for the next downturn? What should we be doing NOW?
4. How can I differentiate our products and company? How can I gain a real advantage over the competition?
5. Do I have the right people in place? How do I put and keep the “right people in the right seats on my bus?”
6. How do I get my managers and employees all going in the right direction?
7. Where will I find the time to develop new ideas, new products, new sources of revenue?
8. When is the right time to sell? What are my exit alternatives? How do I maintain my lifestyle if I choose to exit the business? What do I need to do to be prepared to sell? Can I take some of my chips off the table and still stay involved? I want to have a more balanced life.
9. We’ve made great progress getting to this point …How we do take this business to the next level?
10. What should I be doing that I don’t see?
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