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
After 32 years, somebody made me realize that I am happy and satisfied. I sleep 8 hours a day, eat and poop, meeting my physiological needs. All the other things are of lesser importance.
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!
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!
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!
even i had done something similar -> Work , Personal (All Relationships) , Health , Finance & Investments. I had counted assests and belonging in finance
lately i've been feeling lost for direction and loaded with things to do but don't know where to start and what to prioritize, this video has been really helpful in terms of dealing with those confusion. i have to say that this is amongst the rare helpful videos in youtube! i hope to watch more of videos like this. thank you very much for uploading this!
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.
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.
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.
Only a great mind and incredible human could put such a difficult topic into so short of the video and deliver so much enlightenment in just 10 minutes 😮😍 unbelievable!
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
🎯 Key Takeaways for quick navigation: 00:00 🌐 *Introduction to Strategize Your Life* - Life strategy applies principles of corporate strategy to individual life. - Seven-step program for developing a life strategy. - Birth of Strategize Your Life through applying strategic thinking to personal life. 01:24 📊 *Steps of Life Strategy Development* - Overview of the seven steps in corporate strategy projects. - Each step's translation to individual life components. - Definition and alignment of personal success, purpose, vision, life portfolio, and choices for a great life. 02:47 🧠 *Understanding the Symmetry of a Great Life* - Critique of common misconceptions about a great life. - Introduction to positive psychology's PERMA-V model. - Exploration of six dimensions: Positive emotions, Engagement, Relationships, Meaning, Achievement, and Vitality. 04:41 🔄 *Applying Business Concepts to Life* - Introduction of the BCG portfolio matrix in corporate portfolio management. - Proposal of strategic life units as equivalent to business units. - Explanation of investing time, money, and energy in 16 strategic life units within 6 strategic life areas. 06:35 📊 *Creating Your Strategic Life Portfolio* - Explanation of creating a strategic life portfolio using importance, satisfaction, and time investment. - Illustration with an example of Tony, an engineer, and his strategic life units. - Encouragement to go through the exercise, assessing satisfaction, importance, and time investment in each strategic life unit. 08:00 📈 *Adjusting Your Strategic Life Portfolio* - Insight into adjusting parameters of importance, satisfaction, and time investment in strategic life units. - Identifying areas of dissatisfaction or inadequate time investment. - Practical examples of quick wins and adjustments to achieve a more balanced life portfolio. 09:25 🧭 *Crafting Your Life Strategy* - Emphasis on aligning life strategy with dimensions of a great life. - Introduction to the concept of a right portfolio. - Acknowledgment that life strategy is an ongoing process and one step in a seven-step journey.
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 🤩
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.
How you define success is critical. It's imperative to define success beyond riches and wealth. Such definition should encompass all aspects of one's life and linked with increasing self-fulfillment and benevolence.
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 :>
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
I like it! Similar to the "level 10 life" seen on decorated artistic planners, an attempt of measuring the improvement in ten life areas, but this method here is way more precise and visual!! I need logic tools for important decisions. Common self improvement advices are too vague, and inspirational, they only scratch the surface.
Fantastic insight on defining what constitutes a meaningful life, outlining personal purpose and vision, and assessing where we invest our time and energy.
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!
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 🎉
@user-oe9ql1rw2s perfect. You have a successful life with PERMAV and then add a I for Islam & viola now you can suck the peace out of this world like a vampire
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
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.
- how can I create the life I want? - be positive, be engaged, be in good relationships with your significant others, make the woods a better place, achieve your goals, and be healthy. Spend your time on these in proportions that are suitable for you (Owl is showing a smart-looking presentation with coloured dots and charts). - buy, Owl, how could I achieve all these? - do it on your own. I am not a tactician; I am a STRATEGIST! Dr. Owl - The Senior Partner Emeritus at Woods Consulting Group
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
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.
Hey! How is it going so far?
@ Going well. I have realized that it’s all about perpetual growth. Looking at learning something new every day.
After 32 years, somebody made me realize that I am happy and satisfied. I sleep 8 hours a day, eat and poop, meeting my physiological needs. All the other things are of lesser importance.
So you are single,e as well??
@@Aj-fd4ne That's what she said.
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
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!
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
lately i've been feeling lost for direction and loaded with things to do but don't know where to start and what to prioritize, this video has been really helpful in terms of dealing with those confusion. i have to say that this is amongst the rare helpful videos in youtube! i hope to watch more of videos like this. thank you very much for uploading this!
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.
This guy couldn't be more German if he tried
@@Iggy786
Right! Like if that distinction made any sense before ww2!
Austrian, thats right because he sounds like arnold schwarzenegger ❤
@@Iggy786j😮 okay I d Dr my ko i
I don't know the difference because I am Moroccan but it somehow reminded me of Arnold Schwarzenegger in his early movies @@Iggy786
How’s your German?
Only people who don’t speak other languages at any respectable level make fun of accents…
The lessons are terrific 👍
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.
As a young consultant my self, I was deeply touched by this! Well presented!
How can you have a fulfilled life working for one of these predatory consulting firms?
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
Only a great mind and incredible human could put such a difficult topic into so short of the video and deliver so much enlightenment in just 10 minutes 😮😍 unbelievable!
Luck 🍀🤞 is when preparations meets opportunities...very well said 🙏👊🤝💪
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
Love the concepts and insights that HBR use to share with the world. 👍
🎯 Key Takeaways for quick navigation:
00:00 🌐 *Introduction to Strategize Your Life*
- Life strategy applies principles of corporate strategy to individual life.
- Seven-step program for developing a life strategy.
- Birth of Strategize Your Life through applying strategic thinking to personal life.
01:24 📊 *Steps of Life Strategy Development*
- Overview of the seven steps in corporate strategy projects.
- Each step's translation to individual life components.
- Definition and alignment of personal success, purpose, vision, life portfolio, and choices for a great life.
02:47 🧠 *Understanding the Symmetry of a Great Life*
- Critique of common misconceptions about a great life.
- Introduction to positive psychology's PERMA-V model.
- Exploration of six dimensions: Positive emotions, Engagement, Relationships, Meaning, Achievement, and Vitality.
04:41 🔄 *Applying Business Concepts to Life*
- Introduction of the BCG portfolio matrix in corporate portfolio management.
- Proposal of strategic life units as equivalent to business units.
- Explanation of investing time, money, and energy in 16 strategic life units within 6 strategic life areas.
06:35 📊 *Creating Your Strategic Life Portfolio*
- Explanation of creating a strategic life portfolio using importance, satisfaction, and time investment.
- Illustration with an example of Tony, an engineer, and his strategic life units.
- Encouragement to go through the exercise, assessing satisfaction, importance, and time investment in each strategic life unit.
08:00 📈 *Adjusting Your Strategic Life Portfolio*
- Insight into adjusting parameters of importance, satisfaction, and time investment in strategic life units.
- Identifying areas of dissatisfaction or inadequate time investment.
- Practical examples of quick wins and adjustments to achieve a more balanced life portfolio.
09:25 🧭 *Crafting Your Life Strategy*
- Emphasis on aligning life strategy with dimensions of a great life.
- Introduction to the concept of a right portfolio.
- Acknowledgment that life strategy is an ongoing process and one step in a seven-step journey.
HARPA AI
Stay blessed
Great, thanks🙏.
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!
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?
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.
How you define success is critical. It's imperative to define success beyond riches and wealth. Such definition should encompass all aspects of one's life and linked with increasing self-fulfillment and benevolence.
totally was expecting this guy to tell us he is going to pump us up.
I love the transformation from business consulting to life consulting, gread job, gread content!
Oh yes, perfect timing, I will be implementing this at the weekend. Thanks!
did you?
This is very good professor. Thank you so much.
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 :>
"As a logical person" sod off. That's just a way of saying your better than others in disguise.
BCG growth-share matrix is really exciting. Rather than living randomly strategize it !!!
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
Insanely mindblowing!!!!!
It's a great presentation, thank Mr. Rainer for your sharing!
I like it! Similar to the "level 10 life" seen on decorated artistic planners, an attempt of measuring the improvement in ten life areas, but this method here is way more precise and visual!! I need logic tools for important decisions. Common self improvement advices are too vague, and inspirational, they only scratch the surface.
This lays it out perfectly! I love the simplicity here.
Fantastic insight on defining what constitutes a meaningful life, outlining personal purpose and vision, and assessing where we invest our time and energy.
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!
Đây là một video tuyệt vời, tôi ước mình biết sớm hơn nữa. Cảm ơn chân thành đến HBR
A fairly excellent insight at the beginning of the year to improve your life. Appreciate for making this video on RUclips
Strategizing makes life fun, almost like a game with rewards along the way to keep you playing.
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.
Really appreciate the effort. I find this technique very helpful, as I've been working on something similar to organize my life.
One of the Best video for applying Corporate Strategies to Life
I love it !! It is such an eye opening topic
Thank you !
The hardest part is the strategizing to get where you want be.
The most happy, joyous laid back German I’ve ever met 😅
very thoughtful to upload this here
I have implemented the suggested approach, and it has provided me with lucid insights.
Very helpful and inspiring. Thanks for this idea!
This is a wonderful and a high impact video for me. Thank u so much!
Amazing to see how to apply business strategy to personal life development.
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 🎉
3:07 money,fame, power, Gold D Roger king the of the pirates attained this and everything else the world has to offer
PERMAV is a wasted opportunity. We should add an I-word so we can form VAMPIRE.
V stands to Vagina 😂
@user-oe9ql1rw2s perfect. You have a successful life with PERMAV and then add a I for Islam & viola now you can suck the peace out of this world like a vampire
😂
REVAMP
Never thought, can plot my life on BCG matrix 🙂 great!
1. Define great life is
2. What our purpose
3. What is our vision
4. How do we assest our portofolio
5. What can we learn from Benchmark
6. What portofolio - choices can we make
7. How can we ensure succesfull , life change
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
an amazing take on how to find a path when confused!
I’m loving this, it’s so fun to do a project about ourselves development!
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.
I was looking for this the whole time!!! It really gives u a clear structure about your life. Love it!!!
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 ❤😊
This was very well presented and engaging
I think it is the most useful video I have seen for a long time…thanks
Excellent. Thank you very much!
Thank you professor.Great video !
thanks for making this video HBR team!
Awesome advice and great personality. Thank you for making this video!
Got a lot of value from this video! Thanks!
9:41 if you do not know which port you are sailing to no wind is favorable
10:03 luck is when preparation meets opportunity
If you add an "I" item (independence, integrity, innovative spirit, etc) and rearrange what makes a great life, you spell "VAMPIRE" :)
I love Strategic Life Unit Techniques!
Really enjoyed Appreciate for sharing God bless
A lot of thanks for making and sharing your video!!
This video is a must for people with ADHD like myself
thank you so much Prof. I will craft my Strategic Life Units
That was very interesting; I'm excited to do the whole exercise.
It's a brilliant technique to illustrate the states of SLU, thanks
I was sceptical about this video, but I agree 100%
very, very, very interesting. Thank you for posting!
Very well structured thé video🎉😊
So powerful and simple! Thank you for sharing.
This is an interesting perspective. Rating importance and satisfaction allows expression of the rational and emotional aspects of our brains.
I Love this!!!
LOVE THIS!!
I love his energy 😊
This video is PACKED!!! What?! Thank you
Very informative! Thank you for sharing.
A true consultants approach😆 well done👏
Simply amazing! Liked it ❤
Love this. So simply explained
I like so much the video, very insightful, very helpful, thank you！
Love it!
Love this content. Love from Philippines 🇵🇭🏳️🌈
This is a very interesting approach on personal life management.
excellent approach
- how can I create the life I want?
- be positive, be engaged, be in good relationships with your significant others, make the woods a better place, achieve your goals, and be healthy. Spend your time on these in proportions that are suitable for you (Owl is showing a smart-looking presentation with coloured dots and charts).
- buy, Owl, how could I achieve all these?
- do it on your own. I am not a tactician; I am a STRATEGIST!
Dr. Owl - The Senior Partner Emeritus at Woods Consulting Group
This is awesome. Thank you very much
Great life info
Great video! Thanks for sharing
Yes, my brother uses 4ra too ❤️ He won a lot in IPL lottery, so I joined.
eye rolling this whole video
Why?