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
Management Team Development Phases Within Each Stage of Growth
The management team leading a contractor through the different stages of growth will typically navigate three phases at each stage - Emerging, Hollow, and Ready. Understanding these phases guides growth planning, recruitment, development, and succession.
Related Article
Appearance and Experience of Management Control
As your career develops and you grow into roles of greater responsibility, one of the biggest challenges is what Jennifer Garvey Berger calls “The paradox of the appearance of increasing control and the experience of decreasing control.”
Related Article
Talent Value Stream (TVS): The Basics
The business of building is largely about aligning projects and people. The Talent Value Stream (TVS) ensures talent will never be a constraint to your growth.
Related Article