Sunday, April 29, 2012

Personal downsizing

"We have just completed our divestments of our units in Japan and Malaysia," Hwee Liang of ExxonMobil announced. Focus - a book by Al Ries shows with an overwhelming number of case studies that it's the narrowly focused companies that are the big winners, those that focus on core products and get rid of extraneous, energy-wasting ventures.
Just as corporate America pursues its strategy of diversifying in order to grow, I now realise that what I call "personal downsizing"is the only way to help keep us focused on what we do best.

Going forward, we need to regain control by eliminating those things which distracts us from our goals. Our game plan is a program of "planned abandonment". We will look at everything that's on our plates and decide what must be cleared in order for us to make a significant contribution in the rest of the year that lies ahead of us

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