June 5, 2012

Are You Building a Birthday Cake or a Business?

published this at 7:15 am

The Difference Between a Plan and a Strategy

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Do you know the difference between a plan and a strategy? Every strategy is a plan of sorts, but few plans are strategies. Thinking strategically takes a broader view and considers more variables than the planning that most of us do. Some ventures and adventures require a plan. Others require strategy.

Knowing which is which can mean the difference between watching the game and owning the team.

Are You Building a Birthday Cake or a Business?


BigStock: Birthday Cake



When we build a birthday cake, the plan — a recipe — takes place in a closed system. The birthday cake builder controls all of the key circumstances that will affect successful achievement of the goal.
And so the result is predictable.
We start building a birthday cake and we end with the birthday cake we set out to build. Rarely does an economic downturn affect it. It’s unlikely that another human unexpectedly tosses in a cupful of ketchup. A failure is a problem with execution or a flaw in the plan.

A plan is set of action steps to achieve a stated goal. Plans usually assume a closed system.

Birthday cakes can be build in a closed system.
A business can’t.

Building a business takes place in an open system. The business builder has inputs from outside the system and far less control. A business grows in an open system of change. It takes more than a plan to take advantage of the opportunity to grow that every change represents. That’s what makes a strategy the better road to growth.

Strategy is a realistic plan to advance over time by leveraging opportunities uniquely available to you.

Don’t just plan to grow. Leverage the opportunity that shows up everywhere you are.

Do you use and leverage only resources you can control?
Could be you’re building a birthday cake not a business.

Be irresistible.

Be irresistble.
–

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Filed under leadership / management, Successful Blog | 2 Comments »


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2 Comments to “Are You Building a Birthday Cake or a Business?”

  1. June 5th, 2012 at 11:35 am
    Nacie Carson said

    Building a business mission and treating it as a living, breathing mission is so key – and yet I feel like in times of change (re: economic shifts) the tendency is to close ranks, lock thinks up, and hedge against change (this includes in our mission, vision, values as well). How can we shift our mindsets so we take advantage of the good parts of change? How can we make that our advantage?

  2. June 7th, 2012 at 6:36 am
    ME Liz Strauss said

    HI Nacie!
    Change can make us hesitate and reassess. But change is the only truly constant we can rely on and inside every change is opportunity. Keeping an eye on those things that we work toward can help hold us to that mindset that finds the advantage that you mention here. :)

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