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Posts Tagged ‘successful career’

Personal Strategic Planning – Design Your Life and Career

February 22, 2010 1 comment

Personal strategic planning is very similar. However, instead of return on equity, personal strategic planning is aimed at increasing your return on energy. Put another way, it is to increase your return on life. The equity in a business is measured in terms of financial capital. Your personal equity, on the other hand, is measured in terms of your own human capital.

Your personal equity is composed of the mental, emotional and physical energies you have to invest in your career. Your goal should be to get the very highest return possible on the investment of yourself in everything you do. How well you invest yourself determines your income. This is the point of personal strategic planning.

You can tell that it is time to revisit your strategic plan when you are no longer getting the kind of results you want from your work or from your life. Whenever you feel frustrated or dissatisfied, for any reason, this is often an indication that you should sit down and ask yourself some good, hard questions. Whenever you experience resistance or stress, or you find yourself working harder and harder only to feel that you are getting fewer and fewer rewards, you should stand back and consider revising your strategy. Read more…

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6 Ways to Simplify your Professional Life

January 29, 2010 Leave a comment

beach lifeOne of the foundational principles is that of Simplification. The Law of Complexity – “Every additional step in a process increases the complexity of the process geometrically.” – underscores the importance of simplifying plans and systems aimed at solving problems and achieving goals. This same principle applies in our personal and professional lives.

Essentially, there are six ways to simplify your professional life:

1. Delegate

Focus your time and energy on your high value tasks; those that yield the greatest return. First, identify those tasks which you and only you can do. Second, identify those tasks that merit paying someone your hourly rate – or your desired hourly rate. Now concentrate on these tasks, delegating the rest.

2. Outsource

Outsourcing is a form of delegation. If you have determined that a task should be delegated but do not have anyone on staff to whom you can delegate it, look for a company or individual that is in the business of providing this service. For example, one company outsourced it’s payroll to a company that specialises in this important aspect of business. This shields it from the responsibility of keeping abreast of the constantly changing labour laws and from performing the myriad of filings required at both the national and state level, allowing its accounting department to focus on what it does best – tracking and analysing its financial performance. Read more…