7 Fundamental Business Questions

  1. Why does your business exist?  This question reveals your true purpose.  It is the most powerful question, and all other questions revolve around this nucleus. Go beyond just products and profits in expressing your purpose.  What is your company’s unique value contribution to the world?
  2. Which business are you really in?  This question implies a choice among alternatives.  Choosing wisely depends on the linkage

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7 Questions to Ask for a Successful Compensation Strategy

Here are the things to think through when you are building a compensation strategy.

  1. What Is Your Compensation Philosophy? Start with your compensation philosophy. Identify the principles and practices your organization uses to make compensation decisions:
    • Do you generally make offers at the midpoint of the market rate for that role, or is it usually higher or lower? Why?
    • What are the important considerations for how

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6 Strategy Reset Questions

Reset questions are the six questions a team asks when they are resetting the strategy: 

  1. What is the situation, and how will this change? 
  2. What is success? 
  3. Where will we play? 
  4. How will we win? 
  5. What will stop us? 
  6. What should we do?