Competition – Teamwork – Leadership – Organization – Planning – Costs – Revenues – Coordination -Countries – Volunteers – Security – Time. But two things stand out for me the most: Preparation and Execution.
The preparation required to host the Olympic Games is a massive undertaking plus the preparation to compete as a world-class athlete is paramount. Their years of intense planning and preparation can quickly be discarded if they don’t execute well.
To succeed at anything, you must prepare and you must execute. Now transfer that thought to your business. How well have you prepared, and how well have you been executing?
Find 20 minutes to think deeply about how effective you’ve been at executing your current strategies and action plans. Then ask, “Am I happy with the results?”
If you are happy, give yourself a gold, silver, or bronze medal.
If you aren’t happy with the results, though, you need to act now. Poorly executed strategies and action plans rarely get better with time. Instead, they need to be acted on with a high sense of urgency because lost time equates to lost opportunity.
If you’re not sure what action to take, ask for assistance. Get a different set of eyes on the situation to help you see it from a fresh perspective.
Caution: Always be careful with your analysis. Your execution may actually be good; it could be your strategies and action plans that are flawed.