Business
On this episode of Stories Behind the Grind, listen to my conversation with Karan, director of Monitor Deloitte. We discuss the 5 key strategic questions every business owners should ask, how to approach problem solving and finding the core problem and how to develop your own strategic thinking. Also discover: How Karan's deeper understanding of identity led him to strategy consulting The impact of Karan's work in the community The story they (YSPN) want to tell in Australia and the legacy they want to leave behind The crossover between what Karan has done in his network to their own business Fundamentals of Deloitte's approach to strategy Karan's way of consulting with clients Strategic cascade of choices What winning aspiration is Where you would play How you will win The distinctive capabilities for you to win What management systems are On strategy being a tool for problem-solving and choice making Importance of employee engagement, employee morale, and better outcomes How business owners should approach strategy and strategic thinking in their business using the 5 strategic questions The thing you said you are going to do versus the thing you are actually doing Breaking down problems Challenges Karan's clients have to overcome when undergoing the problem-solving process What business owners can do to start their own strategic thinking Links: Young Sikh Professionals Network - https://www.yspn.org.au/ Monitor Deloitte - https://www2.deloitte.com/in/en/pages/strategy-operations/monitor-deloitte/topic/monitor-deloitte.html Playing to Win by A.G. Lafley and Roger Martin - https://www.amazon.com/Playing-Win-Strategy-Really-Works-ebook/dp/B00AJVJ1HI HBR's 10 Must Reads on Strategy - https://www.amazon.com/HBRs-10-Must-Reads-Strategy/dp/1511367075 Competitive Strategy by Michael Porter - https://www.amazon.com/Competitive-Strategy-Techniques-Industries-Competitors-ebook/dp/B001CB34J0 Karan on LinkedIn - https://www.linkedin.com/in/karanviranand/