MindPrep 312: Ponder these

Published about 2 months ago • 1 min read

Reader,

I focus on strategic thinking for business leaders. Here are five things to ponder:

Lifecycles are destiny. Products, businesses, even careers start, (hopefully) grow, mature, and decline. You need to rethink, reinvent, and reposition all of them as needed.
Evolve at least as fast as your environment is evolving – or become irrelevant. AI is the most recent catalyst for business and career evolution. It won’t be the last.
Customers age a day at a time. Tomorrow’s target market is coming to you slowly. My grandson, Will Thomas, is four years old and part of Gen-Alpha. Are you ready for him and his generation?
Consider your mental radar screen. What’s on the edge and coming in fast? Climate change has lurked on the edge for decades. When’s the next time New York subways will flood?
Thinking “out of the box” may be fun, but thinking in bigger boxes is essential since change tends to come from the outside in. Tell me three ways you are not ready for your evolving future. Changes in society, economy, and your industry are already underway. Are you paying attention?

A course correction

I’ve interviewed some of you in the past months about the skills needed to build and improve foresight. As important as foresight is, I’ve concluded that it’s part of a larger whole. It will be included in a mini book series focused on using hindsight, insight, and foresight to navigate a wicked world.

That’s all for now. We're still packing for our move.

Cheers,

Bill

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