Tag Archive: strategy

Achieve Your Goals in 3.5 Steps

January 27, 2013 5:55 pm Published by

As Americans, we are a nation of goal setters. I’m sure you have set your fair share of goals that were forgotten, not accomplished or even lost. Actually, losing the goals (assuming you wrote them down) is very convenient when you don’t want to be reminded of your inability to finish what you started. Today, I am going to tell you how to set and accomplish all of your goals in 3.5 easy steps (this works great for businesses, teams or individuals). 1 – Make your goals SMART  S – Specific – Each goal should answer what, why, who and when. For example, let’s say you want to increase sales from the current the 2012 level of $2 million to $3M in 2013. Your goal should read something like this: “Increase Acme’s sales revenue to $3 million in 2013.”  M... View Article

Improved Outcomes without an Increase in Skill

October 29, 2012 12:44 pm Published by

That is how the manager of a billion dollar investment fund described the benefits of his pre-investment checklist in Atul Gawande’s book, “The Checklist Manifesto.” It turns out several fund managers feel the same way. Mohnish Pabrai of Pabrai Investment Funds and Guy Spier of Aquamarine Capital Management both incorporate formal checklists into their analysis of investments. Click here to learn how to create great checklists.  Pabrai’s checklist started from his lifelong study of Warren Buffett and the “mental checklist” that Warren uses to make his investment decisions. Over the years, he has added to the checklist from mistakes he has made and the mistakes he has observed others make. His checklist isn’t complicated, but it includes all the basic checks that can be easily overlooked. Checks include things like review the fine print of mandatory stock disclosures and the footnotes of... View Article