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Think about it. Is there any business that doesnโt have more to do than they have time? Doesnโt every business need to set priorities and figure out what has to come first, second and third or what canโt be done? Would anyone in corporate America have a job if they said, โWe need to do everything.โ Entrepreneurs fail to see this. This is a recipe for failure.
Especially with limited resources, you must decide the organizationโs top priorities and align what resources you have to processes those priorities. Does that mean that you neglect the rest of the business? Of course not. It does mean, however, that when you set priorities, you treat them distinctly and with more focus and energy than other activities. When you set something as a priority, you create an operating structure (such as the one outlined below) that brings the organizationโs focus and accountability to that priority. In addition, these top priorities require your best thought and the inputs and expertise from various constituents. It is not only about setting priorities, but building the processes that bring the focus, substance, expertise and accountability of your organization to these priorities.
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