The Basic Math of Prioritization

Discipline yourself and your team to probabilistic thinking.

D. Brown Management Profile Picture
D. Brown Management
April 21, 2020 2 minute read
business planning leadership self improvement
Share

Build your project, career, and business more profitably by continually allocating more of your resources to their "Highest & Best" use, focusing on prioritized probabilities rather than possibilities.  

Leadership Tools: The Baisc Math of Prioritization.

Set a big vision for what you ultimately want to accomplish. There is nothing more wasteful than effectively prioritizing how to reach the wrong goal.  

 

Get the right people in the room to stretch each other. The right people and purpose sets the foundation for everything that will be achieved.  

Develop a full range of possibilities with active brainstorming sessions. For teams, utilize the 5D Facilitation process. For high-leverage decisions, bring in outside expertise to stretch thinking.  

Once you have developed the range of possibilities, force the discussions into prioritization and sequencing by using tools like PICK Charts and SMART Goals.  

 

 

Remember that there are other factors to prioritize beyond financial when it comes to building true wealth in life.   

Thinking in Bets:  Making Smarter Decisions When You Don't Have All the Facts by Annie Duke

Related Training
5C Troubleshooting of Performance
Ask great questions around the five interrelated categories that cause most failures in outcomes or process, including choice, capabilities, capacity, controls, and the conditions in which all those occurred.
Related Article
8 Stages of Personal and Team Growth
Exploration expands our context. Learning and deliberate practice builds and demonstrates our individual productivity. Develop team productivity with four levels of leveraging yourself through others. Take an inventory of where you and your team are at.
Related Article
Rubber Ducks for Planning and Troubleshooting Effectively
"If you can't explain it simply, you don't understand it well enough." - Albert Einstein Wisdom that is as applicable to physics as it is to being a Foreman, Project Manager, or Owner of a construction company.
Related Article