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Here's how you can effectively analyze and evaluate different strategic options as a personal coach.
The best advice I’ve heard is the old joke: “How many personal coaches does it take to change a lightbulb?” “Just one, but the lightbulb has to really, really want to change.” In my experience, they have to go beyond just identifying their underlying motives. They have to build their reasons for wanting to change — often they have not made the list of everything they will gain from changing, plus everything they will lose from not changing. Just that exercise sets the stage for the habits they will need to build so they can achieve whatever it is they want to gain from the coaching.
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What do you do if industry disruptions are threatening your business?
We saw this when the Enterprise Software industry transitioned to SaaS. At @CATechnologies, many of their categories came under fire from firms like ServiceNow, Solar Winds, and New Relic. Their approach was a bit different, and it led to a big increase in valuation in a pretty short timeframe. 1. Fight it out with Private Equity - there is usually an opportunity to change the company through acquisition. If you have distribution but are disrupted on product, you should be able to buy early stage companies and scale them to your customer base. 2. Build on core - see the other posts here. 3. Trim - shutter/sell the businesses with slower-growing TAM. It’s very hard to make these calls, but the economics can definitely work out.
Activity
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Cricket is a passion I’ve always shared with my father. He taught me the game and encouraged me as a player. While my days as an all-rounder are long…
Cricket is a passion I’ve always shared with my father. He taught me the game and encouraged me as a player. While my days as an all-rounder are long…
Liked by Raj Chakraborty
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Access to Wi-Fi hotspots is critical to closing the digital divide. We support FCC Chairwoman Rosenworcel's E-Rate Hotspot Lending Proposal and look…
Access to Wi-Fi hotspots is critical to closing the digital divide. We support FCC Chairwoman Rosenworcel's E-Rate Hotspot Lending Proposal and look…
Liked by Raj Chakraborty
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How Nike Missed the Boom in Running Culture. I have been an amateur runner for over a decade now - and I have seen how Nike has slowly been replaced…
How Nike Missed the Boom in Running Culture. I have been an amateur runner for over a decade now - and I have seen how Nike has slowly been replaced…
Liked by Raj Chakraborty
Experience & Education
Volunteer Experience
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After 6.5 years, the latest chapter of my career journey has concluded at Lincoln Financial Group. As I reflect on it, I recognize that it is less…
After 6.5 years, the latest chapter of my career journey has concluded at Lincoln Financial Group. As I reflect on it, I recognize that it is less…
Liked by Raj Chakraborty
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Banks are realizing that the tech is not the gating factor to getting value from Ai. Nor is it necessary to "change everything." It is time to…
Banks are realizing that the tech is not the gating factor to getting value from Ai. Nor is it necessary to "change everything." It is time to…
Liked by Raj Chakraborty
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As generative AI continues to revolutionize business operations, it is vital for companies to be strategic in finding and implementing useful AI…
As generative AI continues to revolutionize business operations, it is vital for companies to be strategic in finding and implementing useful AI…
Liked by Raj Chakraborty
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Data Quality can literally be the difference between life and death in some cases. Ariel Junqueira-DeGarcia, great article. I was reminded of some…
Data Quality can literally be the difference between life and death in some cases. Ariel Junqueira-DeGarcia, great article. I was reminded of some…
Liked by Raj Chakraborty
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Data Quality can literally be the difference between life and death in some cases. Ariel Junqueira-DeGarcia, great article. I was reminded of some…
Data Quality can literally be the difference between life and death in some cases. Ariel Junqueira-DeGarcia, great article. I was reminded of some…
Shared by Raj Chakraborty
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