Calibrate your strategy - Deepstash
Product Management Essentials

Learn more about strategy with this collection

Essential product management skills

How to work effectively with cross-functional teams

How to identify and prioritize customer needs

Product Management Essentials

Discover 57 similar ideas in

It takes just

8 mins to read

Calibrate your strategy

Compare your plan to some benchmarks. The chance of a strategy leading to significant performance improvement depends on an analysis of your company's starting endowment, the trends it is riding, and the moves you are planning.

The result is a realistic and concrete future to discuss. You may find your traditional strategic options won't work and may need to consider alternatives that may require making bigger or different moves than you made before.

41

144 reads

MORE IDEAS ON THIS

Remove bias from decisions

Private-equity firms have found that more than 30% of decisions are different when opposing possibilities are pitted against each other.

Another de-biasing technique is a pre-mortem, where the team assumes a strategy has failed to achieve its intended objective after a set ...

43

124 reads

Compare alternative plans

Direct the discussion to focus on strategic alternatives that management thinks will be at similar risk and return levels. Then ask the team to consider which big move to make.

You could also show different plan scenarios with varying levels of resources and risk

44

117 reads

Track assumptions over time

Track assumptions over time

After the plan is developed, the detailed assumptions may be forgotten. Few review the underlying assumptions, such as uptake rates, market growth, and inflation rates.

We shouldn't assume that we know the future. Instead, consider what you can do with the information you have today and bui...

42

106 reads

Frame the strategy as choices

Frame the strategy as choices

Instead of seeing your strategy meeting as a plan-making exercise, reframe the agenda to focus on making choices.

  • One way is to build a strategy decision grid that consists of the key axes of hard-to-reverse choices.
  • Then for each of them, describe thre...

46

247 reads

The essence of strategic planning

The essence of strategic planning

Business leaders know well that in a strategy meeting, the goal is to simply approve or reject a proposal put forward without questioning the plan or floating alternative options that can cause distress.

It shouldn't be this way. The key to strategy development is to weigh strategic...

52

465 reads

CURATED FROM

CURATED BY

rosaliep

Stashing about leadership and communication. Avid reader.

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates