Use Strategic Thinking to Create the Life You Want
ฝัง
- เผยแพร่เมื่อ 15 พ.ค. 2024
- Seven questions can clarify what really matters to you and help you build your own life strategy, according to BCG’s Rainer Strack.
00:00 Summarizing a life strategy on a single page
00:20 Where did this idea come from?
00:54 What is a life strategy?
02:41 How do I define a great life?
04:15 How do I assess my life portfolio?
07:40 What portfolio choices can I make?
09:20 Where do I go from here?
For more details on all seven questions and designing your own life strategy, read the HBR article: hbr.org/2023/12/use-strategic...
In corporate strategy projects, executive leadership teams work through a series of questions to determine how their businesses can succeed. Individuals can use a similar process to figure out how to live a meaningful life. It starts with defining what makes a great life for you and then outlining your purpose and vision. You must also look at your current “portfolio” - the areas in which you spend your time and energy - to see if you’re investing the best of yourself in the activities most important to you. You should consider what research says about how people tend to find meaning and joy in life. Finally, you’ll want to identify areas where you need to make changes, and then ensure you follow through with objectives and key results. This program, Strategize Your Life, has been tested with more than 500 people around the world. With a few hours of work, you can develop a personal life strategy and summarize it on a single page.
Follow us:
hbr.org/
/ harvard-business-review
/ hbr
/ harvardbiz
/ harvard_business_review
Sign up for Newsletters: hbr.org/email-newsletters
#HarvardBusinessReview #Strategy #Life #YourLife #YourCareer #Work #Business #Harvard
Copyright © 2024 Harvard Business School Publishing. All rights reserved.
At 69 and newly retired I am excited to see this video to get the most out of the next phase of my life journey.
I thought it would require high concentration to watch this video, but turned out it's very engaging, entertaining, and upbeat. love it. thanks, professor!
@monineathlay3673 couldn't agree more 💯
L,
This is life defined as business jargon. What a terrible way to live.
It's their job to keep us glued to this shit, self improvement is masturbation
Tho I love the video
This video is unironically hilarious and the perfect case study for where contemporary culture is at. The whole notion of corporate strategy is based upon the guiding principles of religion and philosophy - the institutions of a culture. Questions like - how do I live a good life, what does good mean, what is my purpose, why does these things matter - were all answered by religious institutions and philosophical study, and permeated through out via intellectuals/elite class and the structures of a society. These same questions and ideas were then applied to business because they are precisely the questions and answers you need to be able to manage and steer a company toward success. Contemporarily, it seems we now have to turn toward the creation - the corporate world - the byproduct of our bygone institutions, to even know what questions. How funny
TLDR; corporate strategy came from what we previously applied to our lives on a civilizational and individual level. Now we have to turn toward corporate strategy to find what was lost
Great video. I love the 2x2 bubble chart.
As a senior citizen, I look back over my life and see that the SLUs that were "important" to me changed 4-5 times over the decades. So, the process should include a periodic review of the bubble chart.
BCG growth-share matrix is really exciting. Rather than living randomly strategize it !!!
Thank you for sharing, Sir. This model is absolutely amazing.
In terms of overlaying methods from one context to another, we are exploring that in terms of overlaying concepts used by corporates to very small businesses.
We are getting exposed to PERMAV for the first time through this video. Thank you! The SLUs and SLAs are also ingenious.
KEY: In life, the unit of spending is TIME as it is what we spend on out SLUs.
Actually thats far better than expected. You are summarizing a lot of important advise that i have gotten throughout my life in just 10 minutes! Respect!
As a young consultant my self, I was deeply touched by this! Well presented!
Thanks for the video. I leaned a lot about the structure of life. You’re a great Professor.
Oh yes, perfect timing, I will be implementing this at the weekend. Thanks!
The Seneca quote is very important because if you dont know your lifes direction, what you want to do during your 40 year career your life wont be easy. 15 year olds should spend some hours every day figuring out what they pay attention to and what interests them to decide their education and future work life. They can do low level internships during high school every summer in various fields to explore what feels a suitable area.
I could not agree more on this
Never thought of plotting my life satisfaction on a BCG Matrix! Guess I am going to nerd out on this over a weekend. Thanks for sharing!
I appreciate your effort on this research, Mr Strack. As a logical person, I find it impossible to sketch my life immediately. I appreciate that you provide me with a step-by-step guide, just like when I do so with my clients, and it really helps. Excellent video :>
Before watching this video I've divided my life goals into 5 facets: (a) Business & Career, (b) Finance & Investment, (c) Health & Wellness, (d) Physical Assets & Belongings, and (e) Relationships & Intimacy.
It's great to see your version professor in a form of 16 SLUs. I think I'll benchmark yours. Thanks!
I really like your 5 facets. it's quite easy to break down. great job!
You sound like a damn tool.
even i had done something similar -> Work , Personal (All Relationships) , Health , Finance & Investments. I had counted assests and belonging in finance
It's a great presentation, thank Mr. Rainer for your sharing!
Love the concepts and insights that HBR use to share with the world. 👍
I love the transformation from business consulting to life consulting, gread job, gread content!
Thank you professor.Great video !
Fantastic insight on defining what constitutes a meaningful life, outlining personal purpose and vision, and assessing where we invest our time and energy.
I reached out this video during Lunar New Year and yass that is so so wonderful & beautiful video I've ever seen. Thank you so much professor for well-delivering knowledge.
very thoughtful to upload this here
Luck 🍀🤞 is when preparations meets opportunities...very well said 🙏👊🤝💪
What a great explanation. It’s similar to my own approach with wheels of life assessment. I like that you call those key areas of one’s life strategic life unit and use consultant language.
One of the Best video for applying Corporate Strategies to Life
So powerful and simple! Thank you for sharing.
This lays it out perfectly! I love the simplicity here.
Awesome advice and great personality. Thank you for making this video!
Great video, with a very well explained analogy of corporate strategy, life strategy and their synergies!
A fairly excellent insight at the beginning of the year to improve your life. Appreciate for making this video on TH-cam
To live a great life 1-define 2- my life purpose 3- vision 4- how to assess life portfolio 5-benchmark 6- WT portfolio choices can I make 7- ensure sucessful sustained life change
I have implemented the suggested approach, and it has provided me with lucid insights.
Wow. This is a great and wonderful approach to the very age old problem of living the good life.
It reflects the same kind of result as you have in religious and philosophy texts.
It seems the result is always common sense.
- Health
- Gratitude
- Family
thanks for making this video HBR team!
Excellent. Thank you very much!
Excellent, content and presentation and after all the idea and concept of the video.
Thanks a lot for your explanation Professeur, I do love your insights and your smile accompanied all along the video ❤😊
Đây là một video tuyệt vời, tôi ước mình biết sớm hơn nữa. Cảm ơn chân thành đến HBR
totally was expecting this guy to tell us he is going to pump us up.
It's been a while since i've seen a true valuable content on a subject from HBR
A great life is a happy life and only contentment can bring satisfaction
Also i couldn't agree more with Seneca on those two philosophies
Thank you for sharing HBR
A lot of thanks for making and sharing your video!!
very, very, very interesting. Thank you for posting!
This is exactly what I have been looking for! Thank you!
Amazing to see how to apply business strategy to personal life development.
Very informative! Thank you for sharing.
Never thought, can plot my life on BCG matrix 🙂 great!
Very helpful and inspiring. Thanks for this idea!
thank you so much Prof. I will craft my Strategic Life Units
I was looking for this the whole time!!! It really gives u a clear structure about your life. Love it!!!
Really enjoyed Appreciate for sharing God bless
Love this. So simply explained
This was very well presented and engaging
I think it is the most useful video I have seen for a long time…thanks
It's a brilliant technique to illustrate the states of SLU, thanks
like it! I am also from the strategic management and was working at well-known consulting firms, and was just curious about the methods. I use several tools for myself in my private life - and yes, instead of using apps I am tracking myself in a very huge Excel 🤩
Can you please share the excel file in public interest?
@@VS-kn9rc +1 It would be great if @KarlaKolumna123 could share the sheet :)
X2
Would love your email so we can talk about your excel
Please, could you share it?
Great video! Thanks for sharing
Thank you professor!
The SLU strategy help me to understand where i am currently at in my life , and i can assess where the areas of improvement i can make to achieve a great life i desire 🎉
The hardest part is the strategizing to get where you want be.
That was very interesting; I'm excited to do the whole exercise.
Thanks for this Sir!
Life Strategy is an integrated set of choices that positions a person to win - That's a very good topic. I would appreciate more content like this! :)
A lot of people do not care about winning.
Very nice video. And the consultant is very good. :)
This is a very interesting approach on personal life management.
This video is PACKED!!! What?! Thank you
Thank you, very useful!
Wow, this really helps to structure and define what you want out of life !
“If you don't know which port you're sailing to, no wind is favorable."
Must admit, thought it would be too dry, clinical, and just lack any meaning. I was wrong. I think Strack did a great job of coupling logic with meaning and purpose. Thank you, Rainer!
Absolutely brilliant
I like so much the video, very insightful, very helpful, thank you！
Great video, the guy reminded of Christoph Waltz
Amazing. Thank you
excellent approach
Thank you❤️
Wow! Perfect timing!
2:35 THE 7 STEPS OF THE STRATEGY
4:00 PERMAV FRAMEWORK
5:30 THE 16 "STRATEGIC LIFE UNITS"
6:00 THE 3 STEPS BEFORE PLOTTING THE "LIFE MATRIX"
6:30 LIFE PORTFOLIO MATRIX
What an amazing video!
Wonderful teaching
This video is a must for people with ADHD like myself
Thanks for sharing a great technique! For me this one looks much like a "Wheel of Life (Balance)" technique with custom-selected contexts, but ON STEROIDS.
For those who find this one problematic to implement (at all or consistently), opt out for that one instead.
This tool is perfect for a new project we are starting for university students. Thanks for sharing
Thanks!😊
This video is wonderful
Really, really useful.
Thank you German Mr. White!
Love Rainer’s energy!!🎉
so love this video ❤
👌👏🙌Nicely done and interesting how a more thorough summary of Life Purpose & Vision were omitted from this excellent framework on Life Strategy.
Very nice, thanks:)
This was a great video❤️
nice one, thanks.
Love this content. Love from Philippines 🇵🇭🏳️🌈
eye rolling this whole video
Why?
❤❤❤ your the best.
Great methodology 👏
I really like this guy, very smart person
Muy buen video!
Thanks, great info
has anyone built an excel template for this?
nicely explain