In this latest episode,
Prioritization is something I hear about that often from CEO’s and high level leaders.
- If my team would just prioritize better we could actually get everything done, do a better job and never be overwhelmed
- Maybe you’ve heard it or said something like that
- Prioritization seems like it should be the miracle cure but in reality it is too simple a concept to cover everything
- How do you prioritize - yesterday, next week,
- Not easy to do — need so much info to determine priority
- Allocating resources based on impact for now and future
- Resources money people people’s focus
- Can get more efficient but people are a limited resource
- We have 100 points - based on where we are at now
- Can’t only understand the picture right now and be good at prioritizing
- Ceos get stuck making decisions about priorities it’s because the team doesn’t have enough context and information about the big picture now and in the future and where their parts fit - when they don’t have this you’re asking them to make a decision on a third of the scene
- Comparison to launch $850,000 next project $2 mill
- Limited amount of resources
- Now and future to allocate the points
- Ask questions: how are you allocating resources right now (a pie) - have them share their thinking
- Prioritize based on what?
About Annie Hyman Pratt:
Annie Hyman Pratt’s mastery is developing leaders, teams and infrastructure that drives business growth—so entrepreneurs can do the strategic and creative parts while also having the time, freedom, and positive impact they desire.
At age 22, Annie took the reins and became the CEO of her family business, The Coffee Bean & Tea Leaf. A trailblazer for women in business, she more than 10X’d the business to 70-plus stores, and then led the company through a highly successful sale.
After the sale of The Coffee Bean, Annie moved into interim C-suite executive work and top-tier business consulting. She became an expert in guiding companies through rapid growth and complex turnarounds while working within diverse industries.
Annie’s specialty in “The People Part” was further cultivated through her study at the University of Santa Monica, where she learned what it really takes for human beings to transcend their “quick to judge” and self-protective nature and instead work together to reach their full potential.
Some of Annie’s current and past clients include high-level entrepreneurs and businesses like:
Jeff Walker (Product Launch Formula), Fatburger, MOCEAN (a creative entertainment company that works with Disney, Sony, Warner Brothers, Netflix, Amazon, and other studios), Dave Asprey (Bulletproof Coffee), Stu McLaren (North Results), Susan Pierce Thompson (Bright Line Eating), Ryan Levesque (ASK Method) and Reid Tracy (Hay House).