Posted under Entrepreneurship
from http://www.fastcompany.com/ 1736 days ago

Having observed many global and startup organizations struggle with the definition, application, and execution of strategy, I decided to do something I vowed to never do: compare business to sports.

Having observed many global and startup organizations struggle with the definition, application, and execution of strategy, I decided to do something I vowed to never do: compare business to sports.

Let's start by assuming that strategy is defined as the game plan that provides a team direction on how to play and achieve their goal, and execution is the specific moves the team plays during the game. Using this example as the foundation, the following are key rules that will help your team strategize and play a successful game.

What game are you playing?
Is your company operating with a clearly defined business strategy that has been shared with the team? Imagine Duke or USC playing a championship game ...

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