The Seven Sins of Strategy
Recognizing and avoiding common mistakes made by managers
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Action: Identify your resources—capital, talent and time—and begin detailing how they are allocated, including your time. Any surprises? How is this allocation different from past months/years? Does it reflect the changing market trends and customer needs?
Writing down the significant resource allocations is an objective way to begin measuring whether or not they are returning the requisite value for their investment.
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