Use Strategic Thinking to Create the Life You Want

Use Strategic Thinking to Create the Life You Want

Harvard Business Review

Introduction

  • Strategize Your Life applies strategic thinking principles used in corporate boardrooms to personal life.
  • The seven-step program helps individuals develop a life strategy on a single page.

Concepts

  • Life strategy: An integrated set of choices that positions a person to live a great life.
  • PERMA-V model: Positive emotions, engagement, relationships, meaning, achievement, and vitality.

Content

  • Rainer Strack, a former Boston Consulting Group member, applies corporate strategy principles to personal life.
  • The seven-step program mirrors corporate strategy projects, focusing on defining success, purpose, vision, assessing life portfolio, learning from benchmarks, making portfolio choices, and ensuring sustained change.
  • The PERMA-V model from positive psychology helps individuals assess their life satisfaction and well-being.
  • Strategic life units and areas are identified to help individuals invest time, money, and energy effectively.
  • The strategic life portfolio matrix helps individuals visualize their time allocation, importance, and satisfaction levels in different life areas.
  • Adjusting time allocation, importance, and satisfaction levels can lead to a more balanced and fulfilling life portfolio.

Insights

  • Strategic life planning can help individuals align their choices with their vision and purpose, leading to a more fulfilling life.
  • Balancing time spent on different life areas and prioritizing important but unsatisfactory aspects can lead to personal growth and happiness.
  • Preparation and opportunity intersect in creating a successful life strategy, emphasizing the importance of being proactive and open to opportunities.

Key Points

  • Strategize Your Life applies corporate strategy principles to personal life.
  • The seven-step program helps individuals develop a life strategy focused on living a great life.
  • The PERMA-V model and strategic life units aid in assessing and balancing different aspects of life.
  • Adjusting time allocation and satisfaction levels can lead to a more fulfilling life portfolio.

Conclusion

  • Developing a life strategy based on strategic thinking principles can help individuals live a more purposeful and fulfilling life.

Further Reading

  • Books: The Happiness Advantage by Shawn Achor, The Power of Now by Eckhart Tolle
  • Websites: PositivePsychology.com, MindTools.com
  • Videos: TED Talks on happiness and personal development

Source: https://www.youtube.com/watch?v=dbiNhAZlXZk
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