Friday, March 5, 2010

Visioning, a Human Characteristic that Leads to Success

"Achieving success is not an accident: it results from a deliberate process of identifying a compelling purpose, passionately pursuing your vision, preparing for high level outcomes, and performing at your best." Said Eric Allenbaugh in his book titled “Deliberate Success: Realize Your Vision with Purpose, Passion, and Performance”

Human are gifted with this unique characteristic called “Visioning” or conceiving The Future!

Vision or if I may call it Future, can be created through focusing at the end result. Career, business, family life etc can be envisioned and created as per your desire. The process motivates us and provides strategic direction to achieve what we want. Visioning improves the ability to make right decisions at the right time, helping us to maximize our potential and that becomes the driving force that leads to success.

Jack Canfield, America’s Success Coach, is the founder and co-creator of the billion-dollar book brand Chicken Soup for the Soul said:

“Your brain will work tirelessly to achieve the statements you give your subconscious mind. And when those statements are the affirmation of your goals, you are certain to achieve them!”
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Thursday, February 25, 2010

The Spirit of Entrepreneurship

During my 21 years of professional career, I have interacted with countless entrepreneurs, in my opinion, Quest is the key word that describes an entrepreneur. Whereas, challenging their ability to keep excelling is the key skill. Highly successful entrepreneurs I met were those who regularly re-evaluated their performance and whenever required changed their strategies to achieve their ultimate vision.

In their book, The Spirit of Entrepreneurship, Nandram, Sharda S., Samsom, Karel J. say that;
"the human side of entrepreneurship venturing, in our opinion an underexposed subject both in terms of serious research as well as descriptive writing”

They quoted Jerry Engels and David Charron of UC Berkeley who said that
“entrepreneurship is a team sport”

Isn’t that true? Yes I guess would be the answer. An entrepreneur achieves his vision through a game plan, and the major successes factor in the winning a game depends on the effectiveness and co-ordination of team players!
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Thursday, February 18, 2010

SWOT – A great tool for Strategic Planning

Changing dynamics of personal and professional environment keep us on our toes all the time. In this situation, our futuristic vision may remain intact; but strategies for continued growth require a constant watch and alignment.

Strengths, Weaknesses, Opportunities and Threats are four variables used for developing a Risk : Opportunity matrix. Strengths and weaknesses are internal factors and opportunities and threats are external factors. A genuine analysis of these factors helps in developing a realistic strategic plan.

One major lesson that I have drawn from various readings and experience is that
if we learn to convert our weaknesses in to strengths and threats in to opportunities, our careers and businesses can see an exponential growth.

I had an excellent interaction with Mr Tariq Ikram yesterday at a workshop I attended in which a session on “The Role of the Board in Setting Strategy” was facilitated with Mr Ikram. I have known him for many years when he was the chief of Reckitt Benckiser. Most recently he served as Minister of State and Chairman of the Export Promotion Bureau of Pakistan. He is currently the President of Textile Institute of Pakistan (www.tip.edu.pk) (detailed CV is available at: http://www.tcd.ie/iiis/documents/documents/Introduction%20to%20Mr%20Tariq%20Ikram%20May(24)2006%20(2).pdf)I was so astonished to learn that Mr Ikram also loves SWOT and has been using this tool for developing strategic objectives.

I conducted a workshop sometime ago to cover SWOT; a video clip (in Urdu language) is available on http://www.youtube.com/watch?v=gajngiwou5k. And was also picked-up by http://sciencestage.com/v/14513/swot-analysis.html
Looking forward to your views at: hammadlinks@gmail.com