It's a Jungle Out There

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How to navigate it, tame it, and make business fun again.

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It's a Jungle Out There

  1. 1. It’s a Jungle Out There! How to Navigate It, Tame It and Make Business Fun Again” Joel Strom Arizona Business Bank CEO Lunch Series
  2. 2. Presentation Progression • 2002 - 2007 – Managing Growth • 2008/9 – Surviving and Thriving • 2009/10 – New Reality • 2011 – It’s a Jungle Out There Why the Jungle?
  3. 3. Jungle Survival and Business Success now have a lot in common So let me be your guide today through the business jungle of 2011 and beyond
  4. 4. Think about what Jungles are like Dense and dark – hard to see very far ahead Can’t see what’s lurking around the next corner – Snake or Quicksand Continuously changing - day and night, hour by hour, area by area Scary – strange sounds - imagination takes over – fear - panic
  5. 5. Think about what Jungles are like Dense and dark – hard to see very far ahead Can’t see what’s lurking around the next corner – Snake or Quicksand Continuously changing - different day and night, hour by hour, area by area Scary – strange sounds - imagination takes over – fear - panic UNCERTAINTY
  6. 6. No matter what the challenges of the jungle – some seem to thrive on them They have figured it out - How to look around the corner How to deal with the uncertainties They have mastered the Jungle Strategies
  7. 7. 9 Critical Jungle Strategies
  8. 8. Jungle Strategy 1 Conquer your fears • Respect it but don’t fear it • Take back control • Listen through the noise • Learn and make the unknown known
  9. 9. Jungle Strategy 2 Be prepared • Learn what to expect • Know the terrain and the pests • Have the right tools and know how to use them effectively
  10. 10. Jungle Strategy 3 Carry a light load • Don’t carry more than you need • Be efficient • Treat resources as limited and conserve
  11. 11. Jungle Strategy 4 Have a map, a route, a compass • But have alternatives • Remain flexible and adaptable • Explore new routes and territories
  12. 12. Jungle Strategy 5 React quickly • Or risk being dinner • Don’t wait to make a perfect decision
  13. 13. Jungle Strategy 6 Innovate • New and better routes • New uses for what you have available • Utilizing competencies and resources
  14. 14. Jungle Strategy 7 Stay focused, alert and aware • Stay focused on the customer • Watchful of hidden menaces • Be aware of changes in conditions
  15. 15. Jungle Strategy 8 Invest in your resources • The best workers and guides • Communicate the goals • Have some fun • You don’t want them deserting you in the middle of the jungle
  16. 16. Jungle Strategy 9 Its not about outrunning the leopard • Be the best but be realistic
  17. 17. 9 Jungle Strategies 1.Conquer your fears 2.Be Prepared 3.Carry a light load 4.Have a map, a route, a compass 5.React quickly 6.Innovate 7.Stay focused, alert and aware 8.Invest in your resources 9.Its not about outrunning the leopard
  18. 18. Joel Strom Your personal guide through the business jungle www.joelstrom.com joel@joelstrom.com 602-276-3033 www.slideshare.com

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