The Basic Math of Prioritization

Discipline yourself and your team to probabilistic thinking.

D. Brown Management Profile Picture
D. Brown Management
April 21, 2020 2 minute read
business planning leadership self improvement
Share

Build your project, career, and business more profitably by continually allocating more of your resources to their "Highest & Best" use, focusing on prioritized probabilities rather than possibilities.  

Leadership Tools: The Baisc Math of Prioritization.

Set a big vision for what you ultimately want to accomplish. There is nothing more wasteful than effectively prioritizing how to reach the wrong goal.  

 

Get the right people in the room to stretch each other. The right people and purpose sets the foundation for everything that will be achieved.  

Develop a full range of possibilities with active brainstorming sessions. For teams, utilize the 5D Facilitation process. For high-leverage decisions, bring in outside expertise to stretch thinking.  

Once you have developed the range of possibilities, force the discussions into prioritization and sequencing by using tools like PICK Charts and SMART Goals.  

 

 

Remember that there are other factors to prioritize beyond financial when it comes to building true wealth in life.   

Thinking in Bets:  Making Smarter Decisions When You Don't Have All the Facts by Annie Duke

Related Training
Principled Leadership Versus Prescriptive Direction
Where is your comfort zone? What are your tendencies? What's the right balance? Build more effective teams, projects, and construction business by understanding these differences in people and role requirements.
Related Article
4 Different Strategic Planning Objectives
Before moving into a strategy or planning session, understand which of the four broad objectives you are working to accomplish knowing they may be different for different parts of the company.
Related Article
Reflections on Learning to Ski - 8 Core Principles for Learning a Completely New Skill
While I am learning every day, it has been a very long time since I’ve put myself in the position of learning something completely new. That has now changed, as over the last couple of weeks of 2019, I learned to ski.
Related Article