No I don’t mean Cara Delevingne or Elle Macpherson although it might make for a more visual blog. I mean a business model that is beautiful in its simplicity and power. I use models a lot in the field of business coaching to make things simple and easily understood. The simple model I am referring to is this:
S x E = R
Otherwise known as strategy times execution equals results. In other words am I doing the right thing and am I doing it the right way and if so I should be getting the right results?
Conversely if I am not getting the results, am I employing the best possible strategies and am I executing them in the best possible ways?
This very simple model allows for the opening up of a whole host of subsequent and deeper questions, which are mission critical.
My experience is that the differences between doing something and doing something well are often minute. The difference really is in the detail. If you take any field of endeavour the differences between the very best and the also rans are very small. Last weekend Shane Byrne won a motorcycle race by 0.012 of a second after 36 minutes of racing, or less than 3 inches after 150 miles. That is how small the difference between execution and class winning execution is; the difference between success and failure.
It is said that every morning in Africa a gazelles wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must outrun the slowest gazelle or it will starve to death. Failure in either strategy or execution is fatal.
It is not too much different in the field of business.
I wonder if you were to critically review both your strategies and execution levels, what you might find. How would you survive in the business jungle?
Of course you already know that the least likely person to make an unbiased assessment is you, so who is your critical friend that will try to ensure an unbiased assessment.
S x E = R ; a beautiful model.