Use Strategic Thinking to Create the Life You Want
HTML-код
- Опубликовано: 14 май 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
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!
Thanks for the video. I leaned a lot about the structure of life. You’re a great Professor.
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
Oh yes, perfect timing, I will be implementing this at the weekend. Thanks!
As a young consultant my self, I was deeply touched by this! Well presented!
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.
I love the transformation from business consulting to life consulting, gread job, gread content!
very thoughtful to upload this here
Fantastic insight on defining what constitutes a meaningful life, outlining personal purpose and vision, and assessing where we invest our time and energy.
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.
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!
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 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.
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 :>
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!
Thank you professor.Great video !
So powerful and simple! Thank you for sharing.
Luck 🍀🤞 is when preparations meets opportunities...very well said 🙏👊🤝💪
This lays it out perfectly! I love the simplicity here.
One of the Best video for applying Corporate Strategies to Life
A fairly excellent insight at the beginning of the year to improve your life. Appreciate for making this video on RUclips
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
I have implemented the suggested approach, and it has provided me with lucid insights.
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
Thanks a lot for your explanation Professeur, I do love your insights and your smile accompanied all along the video ❤😊
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
Đây là một video tuyệt vời, tôi ước mình biết sớm hơn nữa. Cảm ơn chân thành đến HBR
I like so much the video, very insightful, very helpful, thank you！
Excellent, content and presentation and after all the idea and concept of the 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
This is exactly what I have been looking for! Thank you!
I was looking for this the whole time!!! It really gives u a clear structure about your life. Love it!!!
thanks for making this video HBR team!
A lot of thanks for making and sharing your video!!
Excellent. Thank you very much!
very, very, very interesting. Thank you for posting!
totally was expecting this guy to tell us he is going to pump us up.
Amazing to see how to apply business strategy to personal life development.
Very informative! Thank you for sharing.
thank you so much Prof. I will craft my Strategic Life Units
I think it is the most useful video I have seen for a long time…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?
Really enjoyed Appreciate for sharing God bless
Very helpful and inspiring. Thanks for this idea!
This was very well presented and engaging
Never thought, can plot my life on BCG matrix 🙂 great!
It's a brilliant technique to illustrate the states of SLU, thanks
Love this. So simply explained
That was very interesting; I'm excited to do the whole exercise.
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 🎉
This is a very interesting approach on personal life management.
Wow, this really helps to structure and define what you want out of life !
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.
🎯 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 video! Thanks for sharing
Thanks for this Sir!
Thank you professor!
Very nice video. And the consultant is very good. :)
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
This video is PACKED!!! What?! Thank you
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
Thank you, very useful!
This tool is perfect for a new project we are starting for university students. Thanks for sharing
Absolutely brilliant
Great video, the guy reminded of Christoph Waltz
Wonderful teaching
excellent approach
Wow! Perfect timing!
Amazing. Thank you
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.
The hardest part is the strategizing to get where you want be.
👌👏🙌Nicely done and interesting how a more thorough summary of Life Purpose & Vision were omitted from this excellent framework on Life Strategy.
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!
Thank you❤️
What an amazing video!
Love this content. Love from Philippines 🇵🇭🏳️🌈
This video is a must for people with ADHD like myself
This video is wonderful
Great methodology 👏
I really like this guy, very smart person
Really, really useful.
eye rolling this whole video
Why?
Very nice, thanks:)
Thank you German Mr. White!
Thanks!😊
Thanks, great info
so love this video ❤
This was a great video❤️
Thanks for the great Video, you really helped a Lot
Your accent Sounds very German to me 😂
Have a great new year everyone
M
Thanks ! A template of this matrix would be very appreciated.
❤❤❤ your the best.
Nice video!
nice one, thanks.
nicely explain