A strategy answers how and when you are going to commit resources to achieve an objective. It is your game plan.
Before you begin, stop to count the cost (Luke 14:28-30).
When setting strategy, determine the best place to use the limited resources that you have. The Activity Analysis Strategy Tool can help you do that.
Evaluate each activity for its current performance and its potential to help you achieve what God wants you to do. Based on your assessment, put each activity into one of the four categories:
- Stars: current high performance, high long-term potential
- Cash Cows: current high performance, low long-term potential
- Problem Children: current low performance, high long-term potential
- Slugs: current low performance, low long-term potential
Next, take action based on the categories.
- Polish the Stars to get the most out of them.
- Milk the Cash Cows to take advantage of current performance. Also, establish a retirement plan for them before they begin to drain resources.
- Solve issues with the Problem Children activities. Then, find ways to tap into their potential. Help them become stars.
- Squash the Slug activities. They are not a good use of your resources.
For a download of this tool, see: Activity Analysis Strategy Tool
Lead with Grace 
September 27th, 2016 at 4:07 pm
Interesting division of groups. Definitely a thought-provoking post
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September 6th, 2016 at 2:10 am
Reblogged this on Palpable Pennings and commented:
Hello everyone!
All of us have a goal, an objective in life. And we work diligently to achieve our set goals!
This post leads to a game plan..something I liked and thought would be helpful to anyone and everyone out there!
Do have a look..
Happy Reading! ☺
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September 5th, 2016 at 6:03 am
Great thought! I would like to reblog it on my blog.
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August 31st, 2016 at 1:28 am
Very well thought and very interesting ! Loved your posts 😊
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August 25th, 2016 at 8:02 pm
Great thoughts and like the matrix.
As a young leader, how do you recommend determining both immediate performance and long-term potential?
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August 25th, 2016 at 9:23 pm
For assessing immediate performance, I suggest that you first get a clear list of expectations that are either observable (behaviors) or measurable (results). Then ask people to give you feedback on your behaviors and gather up data to show how well you have completed tasks. For long-term potential, it might help to work through the Discover Your Leadership Style tool on the Tools page of this site.
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August 13th, 2016 at 1:56 pm
Ha! I learned the BCG matrix at the University, but I never thought it could be used on activities! Very, very wise! I keep reading.
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