Former British Prime Minister Tony Blair was adviced by Bill Clinton to schedule time to think strategically on a regular basis. Watch this short video of him talking to Garth Saloner, Dean of Stanford Graduate School of Business, about Clinton’s advice:
What Tony Blair has to say applies to all of us, no matter what we are doing. Not least when we run our own businesses. It’s easy to devote all our time to dealing with day to day business and forget about how to reach our goals.
Have events taken over your life?
If so, you are not alone. Apparently most people in high positions spend less than 5% of their time dealing with their priorities. Above all we lose our grip on strategies when dealing with a crisis.
Have personally almost always devoted time for strategic thinking. Mainly without even thinking about the fact that I was doing so but suddenly just realizing I had figured out a strategy that could lead to success in whatever area. And when ideas start flowing I usually have an abundance of them and then instead have to figure out what strategy I should start with. If it ‘s not a success I move on to the next.
Did Bill Clinton give Tony Blair good advice? Do you schedule time for strategic thinking on how to succeed with your priorities? Is finding time to do so hard? Have you noticed what a difference it makes when you find time for strategic thinking? If you have not done so yet, maybe it’s time you do?