Real strategy is created through all the small decisions about where we spend our resources. To discover and understand strategy (company or person) check where the resources flow.
“To understand a company´s strategy, look at what they do rather than what they say the will do.“ Andy Grove.
Mapping the allocation flow of Time, Money, Passion will tell you more about the strategy than any powerpoint will.
Everything related to strategy is only intent until it gets to the allocation stage. Resource allocation is where the rubber hits the road.
And so every decision of how you spend your time, energy and money, you are making a statement. A statement about what really matters to you or your company.
In fact, how you allocate resources can make your company (or own life) to turn out to be exactly as you hope. Or very different from what you intend. In another post I wrote about how OKRs can be the hack you need to build this consistency between Objectives & Work (=resource allocation).
Common Mistake (this is true for companies as well as individuals):
Often the decision-making process favours the most tangible and immediate results. This then results in a short-term focus and lack of resources for initiatives that are crucial to the long-term strategies. Strategy is about the long game.
So if you want to make sure you are implementing the strategy you truly want to implement: Control where the resources flow.
If not, you probably will end up in a very different place then you intend to end up. And that might be up shit creek…🚣🏻♂️.
Small decisions that make a BIG impact 💥.
