In this episode, we discuss a model that can be applied to various scenarios, from larger strategic initiatives to everyday tasks like planning a Christmas party.
We explore the “Four P’s” of strategic thinking—Purpose, Pursuit, Process, and People. We emphasise the importance of understanding the purpose behind any endeavour, clarifying where one aims to go (pursuit), determining the process to achieve those goals, and identifying the people
involved.
- Purpose: Clearly define the reason for any initiative, whether strategic or routine.
- Pursuit: Establish specific goals and objectives aligned with the overall purpose.
- Process: Develop the actionable steps or plan to achieve the identified goals.
- People: Consider the individuals and stakeholders impacted by the initiative, ensuring inclusivity and support.
Fiona highlights the flexibility of this model, applicable to diverse situations, from crafting an organisation’s diversity and inclusion strategy to planning a team’s Christmas party. We think this model shows how we can apply strategic thinking even in seemingly simple tasks.
Key Timestamps:
[02:24] Introduction to the Four P’s model.
[06:57] Detailed discussion on “Purpose.”
[13:23] Transition to “Pursuit” and setting specific goals.
[17:50] Exploration of the “Process” element.
[19:15] Integrating “People” into the strategic thinking process.
Key Takeaway:
Applying the Four P’s model fosters strategic thinking, ensuring initiatives are purpose-driven, goal-oriented, well-planned, and considerate of all stakeholders involved.
Keen to explore this model further? Check out my blog post and longer guidance on the model.
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